A Peek Into The Market Before The Trading Starts

Pre-open movers

US stock futures are higher this morning, Futures for the Dow Jones Industrial Average gained 31 points to 12,808.00 and S&P 500 index futures gained 5.90 points to 1,389.90. Nasdaq 100 futures gained 2.75 points to 2,588.75.

A Peek Into Global Markets

European markets were mostly higher today. The STOXX Europe 600 Index gained 0.14%, London's FTSE 100 Index dropped 0.36%, and French CAC 40 Index gained 0.83%. Asian markets ended mixed, with China's Shanghai Composite gaining 1.61% and and India's Sensex dropped 0.09%.

Broker Recommendation

Analysts at BMO Capital upgraded Facebook

from “underperform” to “outperform.” Facebook's stock closed at $25.91 on Friday.

Breaking news

JA Solar JASO today announced that it has received a letter dated December 27, 2012 from NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that it has regained compliance with the minimum bid price of $1.00 per share requirement for continued listing set forth in NASDAQ Listing Rule 5450(a)(1) (the "Listing Rule"). To read the full news, click here.
Brent crude oil traded above $110 on Monday morning as investors waited to hear about a fiscal cliff deal in the U.S. To read the full news, click here.
Primus Telecommunications Group PTGI announced today that its Board of Directors has appointed Peter D. Aquino Executive Chairman of the Board and appointed Andrew Day, 47, North America Chief Executive Officer, to PTGi's President and Chief Executive Officer, effective January 1, 2013. To read the full news, click here.
Main Street Capital MAIN announced today that it has completed two new lower middle market portfolio investments totaling $35.1 million in invested capital. To read the full news, click here.

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