Market Overview

A Peek Into The Market Before The Trading Starts

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Pre-open movers US stock futures are higher this morning, as investors are awaiting new home sales data. Futures for the Dow Jones Industrial Average surged 23 points to 13,064.00 and S&P 500 index futures rose 4.30 points to 1,411.10. Nasdaq 100 futures gained 7.50 points to 2,668.00.

A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.47%, London's FTSE 100 Index gained 0.28%, French CAC 40 Index climbed 0.40% and German DAX 30 index rose 0.34%.

Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.67%, China's Shanghai Composite rising 0.07% and Australia's S&P/ASX 200 dropping 0.82%. Hong Kong's Hang Seng index gained 0.31%.

Broker Recommendation Analysts at JP Morgan downgraded DuPont (NYSE: DD) from “overweight” to “neutral.” The target price for DuPont has been lowered from $58 to $47.

DuPont shares dropped 0.29% to $45.12 in pre-market trading.

Breaking news

  • ZAGG (NASDAQ: ZAGG) has released a complete line of products to protect, personalize and enhance the new Apple® iPad® mini. ZAGG's new products, designed specifically for Apple's recent entry into the 7” tablet market, include keyboards, cases, and protective films. To read the full news, click here.
  • Akorn (NASDAQ: AKRX) today announced that its manufacturing and development partner, Sofgen Pharmaceuticals, LLC, has received approval of its abbreviated new drug application (ANDA) for Progesterone capsules, 100mg and 200mg. To read the full news, click here.
  • Thermo Fisher Scientific (NYSE: TMO) reported an upbeat third-quarter profit and lifted its full-year view. To read the full news, click here.
  • SYSWIN (NYSE: SYSW) today announced the appointment of Mr. Ray Han and Mr. Peng Zhang as directors to SYSWIN's Board of Directors. To read the full news, click here.

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


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