Market Overview

A Peek Into The Market Before The Trading Starts

A Peek Into The Market Before The Trading Starts
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Pre-open movers US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 29 points to 13,258.00 and S&P 500 index futures rose 2.80 points to 1,417.50. Nasdaq 100 futures gained 7.25 points to 2,787.25.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index surged 0.31%, French CAC 40 index gained 0.60%. London's FTSE 100 Index moved up 0.32% and German DAX 30 index rose 0.47%.

Asian markets ended mostly higher, with Japan's Nikkei Stock Average falling 0.16%, China's Shanghai Composite rising 0.54% and Australia's S&P/ASX 200 moving up 0.43%. Hong Kong's Hang Seng index dropped 0.02% and India's Sensex rose 1.09%.

Broker Recommendation Analysts at JPMorgan upgraded Credicorp Ltd (NYSE: BAP) from “neutral” to “overweight.” The target price for Credicorp has been raised from $136 to $139.

Credicorp shares dropped 0.98% to close at $117.96 yesterday.

Breaking news

  • Pluristem Therapeutics (NASDAQ: PSTI) today announced it has renewed a five-year Collaborative Research Agreement with the Berlin-Brandenburg Center for Regenerative Therapy at Charite - University Medicine Berlin. To read the full news, click here.
  • Inspiration Biopharmaceuticals today announced new license, development and commercialization agreements with its strategic partner, Ipsen (OTC: IPSEY). To read the full news, click here.
  • Metropolitan Health Networks (NYSE: MDF) today announced that its wholly owned subsidiary, MetCare of Florida, Inc, has entered into a definitive agreement to acquire certain assets and assume certain liabilities of Kanner, Shteiman, LLC, an entity that owns two physician practices that currently provide services to MetCare patients under contractual arrangements with the Company. To read the full news, click here.
  • Wizzard Software Corporation (AMEX: WZE) today announced that its Board of Directors has established a September 5, 2012, record date for the previously announced spin-off of the shares of its wholly-owned subsidiary, Future Healthcare of America (FHA). To read the full news, click here.

Posted-In: JPMorgan US Stock FuturesNews Futures Global Pre-Market Outlook Markets


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