A Peek Into The Market Before The Trading Starts

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Pre-open movers
US stock futures are mostly flat this morning, as investors are awaiting non-farm payrolls data. Futures for the Dow Jones Industrial Average dropped 2 points to 13,163.00 and S&P 500 index futures rose 0.50 points to 1,423.70. Nasdaq 100 futures gained 0.50 points to 2,685.25.
A Peek Into Global Markets
European markets were mostly lower today. The STOXX Europe 600 Index climbed 0.18%, London's FTSE 100 Index rose 0.02%, French CAC 40 Index dropped 0.16% and German DAX 30 index gained 0.01%. Asian markets ended higher, with Japan's Nikkei Stock Average rising 1.17%, China's Shanghai Composite gaining 0.60% and Australia's S&P/ASX 200 rising 0.08%. Hong Kong's Hang Seng index surged 1.33% and India's Sensex gained 1.04%.
Broker Recommendation
Analysts at Jefferies downgraded Exelon
EXC
from “buy” to “hold.” The target price for Exelon has been lowered from $39.50 to $34. Exelon shares rose 0.06% to $33.60 in after-hours trading.
Breaking news
  • Trimble TRMB announced today that it has acquired assets of privately-held Vico Software of Boulder, Colorado, a recognized leader in 5D virtual construction software and consulting services. To read the full news, click here.
  • Bitauto Holdings Limited BITA today announced that certain existing pre-IPO shareholders of the Company entered into definitive agreements with AutoTrader Group ATG operator of the largest digital automotive marketplace in the United States. To read the full news, click here.
  • Baidu BIDU today announced that it has reached a definitive agreement with Providence Equity Partners pursuant to which Baidu will purchase shares of iQiyi.com held by Providence for an undisclosed amount. To read the full news, click here.
  • MarketAxess Holdings MKTX has agreed to acquire Xtrakter Limited, a leading provider of regulatory transaction reporting, financial market data and trade matching services to the European securities markets. To read the full news, click here.
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Posted In: NewsFuturesGlobalPre-Market OutlookMarketsJefferiesUS Stock Futures
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