Market Overview

US Stock Futures Rise Ahead Of Consumer Sentiment Report

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US Stock Futures Rise Ahead Of Consumer Sentiment Report

Pre-open movers

US stock futures traded higher in early pre-market trade. The University of Michigan's consumer sentiment index for June will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 38 points to 17,850.0, while the Standard & Poor's 500 index futures rose 4.15 points to 2,098.15. Futures for the Nasdaq 100 index surged 4.35 points to 4,513.60.

A Peek Into Global Markets

European markets were mostly lower today, with the Spanish Ibex Index gaining 0.55 percent, STOXX Europe 600 Index falling 0.17 percent and German DAX 30 index rising 0.01 percent. French CAC 40 Index gained 0.23 percent and London's FTSE 100 Index fell 0.59 percent.

In Asian markets, Japan's Nikkei Stock Average fell 0.31 percent, Hong Kong's Hang Seng Index slipped 1.78 percent, China's Shanghai Composite Index dipped 7.40 percent and India's BSE Sensex slipped 0.30 percent.

Broker Recommendation
Analysts at BMO Capital downgraded Target Corporation (NYSE: TGT) from Outperform to Market Perform.

Target shares rose 0.18 percent to close at $84.50 yesterday.

Breaking news

  • Zoetis Inc (NYSE: ZTS) closed up more than 11 percent Thursday on a report that its the target of takeover interest by Valeant Pharmaceuticals Intl Inc (NYSE: VRX). To read the full news, click here.
  • Xencor, Inc. (NASDAQ: XNCR) today announced updates on its lead product candidates, XmAb®5871 and XmAb®7195, and on its XmAb® bispecific oncology pipeline. Updates are being presented today at its R&D Day for analysts and investors in New York, NY. To read the full news, click here.
  • Xactly (NYSE: XTLY) announced today the pricing of its initial public offering of 7,037,500 shares of its common stock at a price to the public of $8.00 per share. Xactly is offering 6,853,500 shares of common stock and certain selling stockholders are offering 184,000 shares of common stock To read the full news, click here.
  • Shares of Finish Line Inc (NASDAQ: FINL) surged over 5 percent in pre-market trading after the company reported stronger-than-expected results for its first quarter. To read the full news, click here.

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

 

Related Articles (FINL + TGT)

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