Market Overview

US Stock Futures Mostly Higher; Crude Oil Drops

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US Stock Futures Mostly Higher; Crude Oil Drops
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Pre-open movers

US stock futures traded mostly higher in early pre-market trade. US stock markets will close at 1:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 8 points to 17,794.0, while the Standard & Poor's 500 index futures rose 2.25 points to 2,090.25. Futures for the Nasdaq 100 index gained 14.25 points to 4,691.50. Crude oil futures declined 2.18 percent to trade at $42.10 a barrel.

A Peek Into Global Markets

European markets were mixed today, with the Spanish Ibex Index rising 0.40 percent, STOXX Europe 600 Index dropping 0.02 percent and German DAX 30 index gaining 0.04 percent. French CAC 40 Index climbed 0.13 percent and London's FTSE 100 Index fell 0.15 percent.

In Asian markets, Japan's Nikkei Stock Average fell 0.30 percent, Hong Kong's Hang Seng Index fell 1.87 percent, China's Shanghai Composite Index dipped 5.48 percent and India's BSE Sensex jumped 0.65 percent.

Breaking news

  • Elbit Systems Ltd (NASDAQ: ESLT) announced today that it was awarded an approximately $200 million contract from the Swiss Federal Department of Defense, Civil Protection and Sport, for the supply of Hermes 900 HFE Unmanned Aircraft Systems and an advanced ground segment for command, control and communications. To read the full news, click here.
  • Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM) today announced to sell 29.16 million common shares of Motech Industries, Inc., or approximately 6% of Motech's paid-in-capital. To read the full news, click here.
  • GOLDCORP INC. (NYSE: GG) today reported a fatal accident at its Musselwhite mine in Northern Ontario. To read the full news, click here.
  • According to an article published in The Korea Times, Apple is in talks with SAMSUNG ELECT LTD(F) (OTC: SSNLF) affiliate Samsung Display Co. The iPhone maker is allegedly considering starting to use organic light-emitting diodes (OLED) displays in its phones as of 2018. To read the full news, click here.

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

 

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