A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting earnings from Alcoa AA later in the day. Futures for the Dow Jones Industrial Average surged 10 points to 13,317.00 and S&P 500 index futures rose 0.20 points to 1,456.10. Nasdaq 100 futures gained 1.50 points to 2,719.25. A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.28%, London's FTSE 100 Index gained 0.39%, German DAX 30 Index climbed 0.22% and French CAC 40 Index rose 0.67%. Asian markets ended mostly lower, with Japan's Nikkei Stock Average falling 0.86%, China's Shanghai Composite declining 0.41% and Australia's S&P/ASX 200 Index dropping 0.54%. Hong Kong's Hang Seng Index fell 0.94% and India's Sensex gained 0.26%. Broker Recommendation Analysts at Piper Jaffray upgraded Joy Global JOY from “neutral” to “overweight.” The target price for Joy Global has been raised from $63 to $84. Joy Global shares gained 0.48% to $67.29 in after-hours trading. Breaking news
  • GTx GTXI today announced that the U.S. Food and Drug Administration (FDA) has designated enobosarm (GTx-024) for the prevention and treatment of muscle wasting in patients with non-small cell lung cancer as a Fast Track development program. To read the full news, click here.
  • IHS IHS today announced that Rich Walker has been named Executive Vice President-Global Finance and Todd Hyatt Senior Vice President, Chief Financial and IT Officer. To read the full news, click here.
  • ConAgra Foods CAG announced Monday. the pricing of an underwritten public offering of 8,067,227 shares of its common stock at a price of $29.75 per share. To read the full news, click here.
  • Trimble TRMB announced today that its ThingMagic® Mercury6 (M6) RFID Reader will be part of the ng Connect Program's Connected Service Vehicle, which showcases a full suite of cloud-based services designed to deliver office productivity to vehicle-based workers. To read the full news, click here.
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