A Peek Into The Market Before The Trading Starts

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 48 points to 12,550.00 and S&P 500 index futures rose 4.30 points to 1,333.50. Nasdaq 100 futures gained 12.25 points to 2,550.00.

European markets were higher today. The STOXX Europe 600 Index rose 0.67%, London's FTSE 100 Index gained 0.63%, French CAC 40 Index climbed 0.56% and German DAX 30 index rose 1.07%. Asian markets ended mostly higher, with Japan's Nikkei Stock Average gaining 0.05%, China's Shanghai Composite rising 0.02% and Australia's S&P/ASX 200 rising 0.30%. Hong Kong's Hang Seng Index gained 0.35% India's Sensex fell 0.11%.

Analysts at RW Baird upgraded Cabot Oil & Gas

from “neutral” to “outperform.” The target price for Cabot Oil & Gas has been raised from $40 to $48. Cabot Oil & Gas shares fell 1.17% to close at $38.97 yesterday.