A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 80 points to 10,909.00 and S&P 500 index futures fell 9.40 points to 1,147.90. Nasdaq 100 futures dropped 13.25 points to 2,177.00. A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index fell 0.30%, London's FTSE 100 Index moved down 0.28%, French CAC 40 index fell 1.14% and German DAX 30 index gained 0.09%. Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.9258%, Australia's S&P/ASX 200 moving up 0.81% and China's Shanghai Composite dropping 1.06%. India's Sensex dipped 0.23%. Broker Recommendation Analysts at Brean Murray upgraded MGM Resorts International MGM from “hold” to “buy.” The target price for MGM Resorts is set to $15. MGM Resorts shares gained 0.10% to $10.33 in pre-market trading. Breaking news

• Exeter Resource Corporation XRA reports that the Chilean government has granted the Company a 10,726 hectare water exploration concession. To read the full news, click here.
• Merck MRK and BGI announced earlier today that they have established a collaboration to focus on the discovery and development of biomarkers and genomic technologies. To read the full news, click here.
• VIVUS Inc VVUS today presented positive results from the avanafil phase 3 study in diabetics. To read the full news, click here.
• Cracker Barrel Old Country Store Inc CBRL reported a 36% drop in its fourth-quarter profit. To read the full news, click here.