Market Overview

A Peek Into The Market Before The Trading Starts

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A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, ahead of earnings from Apple (NASDAQ: AAPL). Apple is scheduled to report its Q3 earnings after the closing bell today. Futures for the Dow Jones Industrial Average surged 30 points to 15,521.00 and S&P 500 index futures rose 3.70 points to 1,694.00. Nasdaq 100 futures gained 8.75 points to 3,056.25.

A Peek Into Global Markets European markets were higher following the positive Bank of Spain economic forecasts. The Spanish Ibex Index gained 1.53%, London's FTSE 100 index gained 0.33%, STOXX Europe 600 Index surged 0.31%, German DAX 30 index rose 0.26% and French CAC 40 Index gained 0.28%.

Asian markets ended higher, with China's Shanghai Composite surging 1.95%, Japan's Nikkei Stock Average gaining 0.82% and Australia's ASX/S&P500 rising 0.31%. India's Sensex gained 0.71% and Hong Kong's Heng Seng Index rose 2.33%.

Broker Recommendation Analysts at Cantor Fitzgerald downgraded Nash-Finch Company (NASDAQ: NAFC) from “buy” to “hold.” The target price for Nash-Finch has been raised from $24 to $26.

Nash-Finch's shares closed at $26.24 yesterday.

Breaking news

  • E.I. DuPont de Nemours & Co (NYSE: DD) reported upbeat second-quarter earnings. DuPont's quarterly net profit fell to $1.03 billion, or $1.11 per share, from $1.17 billion, or $1.23 per share, in the year-earlier quarter. To read the full news, click here.
  • Brooks Automation (NASDAQ: BRKS) announced that it signed a definitive agreement to acquire the assets and business of Matrical, Inc. for cash consideration of approximately $10 million. To read the full news, click here.
  • Daqo New Energy (NYSE: DQ) today announced that its board of directors has approved a share repurchase program, effective immediately. To read the full news, click here.
  • Air Products & Chemicals (NYSE: APD) reported a 40% drop in its fiscal-third quarter earnings. For the year, the company also narrowed its adjusted earnings forecast. To read the full news, click here.
 

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Posted-In: Cantor Fitzgerald US Stock FuturesNews Futures Global Pre-Market Outlook Markets

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