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 slightly lower this morning, as investors are awaiting nonfarm payrolls data. Futures for the Dow Jones Industrial Average dropped 11 points to 13,052.00 and S&P 500 index futures fell 1.10 points to 1,411.90. Nasdaq 100 futures declined 2.50 points to 2,651.50.

A Peek Into Global Markets European markets were lower today. The STOXX Europe 600 Index rose 0.19%, London's FTSE 100 Index dropped 0.19%, French CAC 40 Index declined 0.21% and German DAX 30 index fell 0.22%.

Asian markets ended mixed, with Japan's Nikkei Stock Average falling 0.19%, China's Shanghai Composite surging 1.60% and Australia's S&P/ASX 200 rising 0.89%. Hong Kong's Hang Seng Index fell 0.26% and India's Sensex dropped 0.32%.

Broker Recommendation Analysts at Janney Capital upgraded McDonald's (NYSE: MCD) from “neutral” to “buy.” The target price for McDonald's is set to $104.

McDonald's shares gained 0.15% to $88.22 in pre-market trading.

Breaking news

  • CyberOptics (NASDAQ: CYBE) today announced the completion of a restructuring and staff reduction totaling approximately 10% of its global workforce. To read the full news, click here.
  • Rosneft and ExxonMobil (NYSE: XOM) signed a Pilot Development Agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia. To read the full news, click here.
  • Solera Holdings (NYSE: SLH) today announced that it has acquired 100% of the outstanding shares of CarweB Limited. To read the full news, click here.
  • VimpelCom (NYSE: VIP) today announced that its fully owned subsidiary in Russia, OJSC Vimpel-Communications, has acquired 0.1% of the shares of Euroset Holding N.V. to increase its ownership interest to 50% of Euroset. To read the full news, click here.

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


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