US Stock Futures Surge Ahead Of Walgreen Earnings, Economic Data

US stock futures traded higher in early pre-market trade. Walgreen Co

is expected to report its Q4 earnings at $0.74 per share on revenue of $19.02 billion. The S&P/Case-Shiller home price index for July will be released at 9:00 a.m. ET, while the Chicago PMI for September will be released at 9:45 a.m. ET. The Conference Board's consumer confidence index for September will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 55 points to 17,035.00, while the Standard & Poor's 500 index futures rose 6.70 points to 1,976.20. Futures for the Nasdaq 100 index gained 17.50 points to 4,053.00.

European markets were mostly higher today, with the Spanish Ibex Index rising 0.84%, STOXX Europe 600 Index gaining 0.52%. German DAX 30 index rose 0.48%, French CAC 40 Index climbed 0.99% and London's FTSE 100 Index dropped 0.11%. German unemployment increased by 12,000 in September, while retail sales gained 2.5% in August. French consumer spending surged 0.7% in August versus July, while producer price index declined 0.3% in August versus July. In Asian markets, Japan's Nikkei Stock Average dropped 0.84%, Hong Kong's Hang Seng Index fell 1.28%, China's Shanghai Composite Index rose 0.26% and India's BSE Sensex dropped 0.11%.The final reading of HSBC China Manufacturing PMI came in unchanged at 50.2 in September, versus 50.2 in August.

Analysts at Barclays upgraded TIBCO Software

from Underweight to Equal-weight. The target price for TIBCO Software has been raised from $19 to $24. TIBCO Software's shares jumped 21.22% to close at $23.65 on Friday.