US Stock Futures Signal Higher Start On Wall Street - Nokia (NYSE:NOK)

Pre-open movers

US stock futures traded higher in early pre-market trade. Futures for the Dow Jones Industrial Average surged 41 points to 16,378.0, while the Standard & Poor's 500 index futures rose 6.75 points to 1,957.00. Futures for the Nasdaq 100 index gained 16 points to 4,331.25.

A Peek Into Global Markets

European markets were lower today, with the Spanish Ibex Index rising 0.25 percent, STOXX Europe 600 Index gaining 0.21 percent and German DAX 30 index gaining 0.33 percent. French CAC 40 Index surged 0.30 percent and London's FTSE 100 Index rose 0.46 percent. In Asian markets, Japan's Nikkei Stock Average declined 1.63 percent, Hong Kong's Hang Seng Index gained 0.27 percent, China's Composite Index Index dropped 2.67 percent and India's BSE Sensex jumped 0.96 percent.

Broker Recommendation

Analysts at Barclays upgraded

Vertex Pharmaceuticals IncorporatedVRTX

from Equal-weight to Overweight and raised the price target from $120.00 to $150.00. Vertex Pharmaceuticals shares gained 1.73 percent to $136.38 in pre-market trading.

Breaking news

Dr.Reddy's Laboratories Ltd (ADR) RDY today announced the signing of a commercialization deal with Hatchtech, an Australian pharmaceutical company developing an innovative prescription head lice product, Xeglyze™ Lotion. To read the full news, click here.
Nokia Corporation (ADR) NOK today announced that it has obtained clearance from the Committee on Foreign Investment in the United States for its proposed acquisition of Alcatel-Lucent. With the conclusion of the CFIUS process and the previously announced antitrust clearance by the U.S. Department of Justice, the companies have received the required regulatory approvals for the proposed transaction in the United States. To read the full news, click here.
Biocept Inc BIOC announced additional agreements with preferred provider organizations (PPOs). Stratose, Inc. and Galaxy Health Network (GHN) members will now have network access to Biocept's proprietary non-invasive liquid biopsy testing. To read the full news, click here.
Yingli Green Energy Hold. Co. Ltd. (ADR) YGE, one of the world's leading solar panel manufacturers, today announced that its subsidiary, Yingli Green Energy Americas, Inc., is partnering with PWRstation Corp., an emerging solar technology company, to offer rapidly deployable, activation-ready transportable PV solutions. To read the full news, click here.

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