A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of PMI Data, Fed Speakers

Pre-open movers

Futures for the Dow Jones Industrial Average gained 42 points to 33,877.00 while the Standard & Poor’s 500 index futures rose 2.25 points at 4,238.50. Futures for the Nasdaq 100 index rose 7 points to 14,265.25.

The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 33,565,290 with around 602,460 deaths. India reported a total of at least 30,028,700 confirmed cases, while Brazil confirmed over 18,054,650 cases.

A Peek Into Global Markets

Broker Recommendation

JP Morgan downgraded RPM International Inc. (NYSE:RPM) from Neutral to Underweight and announced a $90 price target.

RPM International shares fell 1.1% to $88.83 in pre-market trading.

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