A Peek Into The Market Before The Trading Starts - Abbott Laboratories (NYSE:ABT)

Pre-open movers

US stock futures are slightly higher this morning, ahead of economic data. Futures for the Dow Jones Industrial Average surged 7 points to 13,114.00 and S&P 500 index futures rose 1.70 points to 1,410.00. Nasdaq 100 futures gained 4.50 points to 2,787.25.

A Peek Into Global Markets

European markets were mostly lower today. The STOXX Europe 600 Index declined 0.45%, French CAC 40 index dropped 0.81%. London's FTSE 100 Index moved up 0.02% and German DAX 30 index fell 0.44%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.57%, China's Shanghai Composite rising 0.85% and Australia's S&P/ASX 200 moving up 0.32%. Hong Kong's Hang Seng index gained 0.07% and India's Sensex fell 0.27%.

Broker Recommendation

Analysts at Atlantic Equities upgraded Eli Lilly & Co

LLY

from “underweight” to “overweight.” The target price for Eli Lilly is set to $49. Eli Lilly shares gained 1.66% to close at $44.59 yesterday.

Breaking news

Barnes & Noble BKS today announced a partnership with UK retailer John Lewis to bring the company's award-winning NOOK reading experience and leading digital bookstore to its physical stores and online sales channels this autumn. To read the full news, click here.
Abbott ABT announced today CE Marking (Conformite Europeenne) for a testosterone assay with improved sensitivity and clinical utility. To read the full news, click here.
Quanta Services PWR today announced that Southern California Edison (SCE) selected PAR Electrical Contractors, Inc. (PAR), a Quanta Services company, to install transmission infrastructure for SCE's Eldorado-Ivanpah Transmission Project. To read the full news, click here.
MasterCard MA and Everything Everywhere, the UK's largest communications company, have announced an exclusive, five-year partnership to develop leading mobile and digital payment solutions for Everything Everywhere's 27 million UK customers. To read the full news, click here.

Market News and Data brought to you by Benzinga APIs