Pre-open movers
US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 10 points to 13,065.00 and S&P 500 index futures rose 2.40 points to 1,391.40. Nasdaq 100 futures gained 11.75 points to 2,682.75.
A Peek Into Global Markets
European markets were mostly higher today. The STOXX Europe 600 Index rose 0.18%, French CAC 40 index rose 0.61%. London's FTSE 100 Index moved up 0.19% and German DAX 30 index gained 0.61%.
Asian markets ended higher, with Japan's Nikkei Stock Average surging 2%, China's Shanghai Composite rising 1.04% and Australia's S&P/ASX 200 moving up 1.18%. Hong Kong's Hang Seng index surged 1.69% and India's Sensex rose 1.25%.
Broker Recommendation
Analysts at RW Baird upgraded American Water Works Company AWK from “neutral” to “outperform.” The target price for American Water Works has been raised from $35 to $41.
American Water Works shares gained 3.78% to close at $37.62 on Friday.
Breaking news
Market News and Data brought to you by Benzinga APIs- Akamai Technologies AKAM has announced the opening of offices in Taipei, Taiwan and Melbourne, Australia. To read the full news, click here.
- Savient Pharmaceuticals SVNT announced Monday that its Board of Directors has adopted a stockholder rights plan. To read the full news, click here.
- Actuate BIRT today provided additional details of the $30 million share repurchase program first announced on August 2nd, 2012. To read the full news, click here.
- Prospect Capital PSEC announced today that it has provided a $44 million secured subordinated loan to support the refinancing of New Century Transportation Inc, a leading transportation and logistics company. To read the full news, click here.
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