A Peek Into The Market Before The Trading Starts - InterDigital (NASDAQ:IDCC), Dollar Tree (NASDAQ:DLTR)

Pre-open movers

US stock futures are higher this morning, after lawmakers reached a deal to avoid the fiscal cliff. Futures for the Dow Jones Industrial Average jumped 224 points to 13,251.00 and S&P 500 index futures rose 27.90 points to 1,448.00. Nasdaq 100 futures climbed 60 points to 2,714.50.

A Peek Into Global Markets

European markets were higher today. The STOXX Europe 600 Index rose 1.98%, London's FTSE 100 Index gained 2.36%, German DAX 30 Index surged 2.14% and French CAC 40 Index rose 2.11%. Asian markets ended higher, with Australia's S&P/ASX 200 Index gaining 1.25%. Hong Kong's Hang Seng Index gained 2.89% and India's Sensex rose 0.68%.

Broker Recommendation

Analysts at Buckingham downgraded Kohl's

KSS

from “buy” to “neutral.” Kohl's shares gained 0.63% to $43.25 in pre-market trading.

Breaking news

Lincoln Electric Holdings LECO announced today that it has acquired the privately-held automated systems and tooling manufacturer, Tennessee Rand. To read the full news, click here.
Neogen NEOG announced today that it has acquired the assets of Scidera Genomics, LLC, an animal genomics business based in Davis, California. To read the full news, click here.
InterDigital IDCC today announced that its patent holding subsidiaries have entered into an agreement which extends the term of their worldwide, non-exclusive, royalty-bearing patent license agreement with Research In Motion Limited. To read the full news, click here.
Dollar Tree DLTR has announced that it intends to expand its distribution center in Marietta, Oklahoma by an additional 400,000 square feet. To read the full news, click here.

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