A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning after the Memorial Day holiday. Futures on the Dow Jones Industrial Average jumped 106 points to 12,534.00 and futures on the S&P 500 stock index rose 12.30 points to 1,342.30. Nasdaq 100 futures gained 23.50 points to 2,356.00. A Peek Into Global Markets Asian markets ended higher, with Japan's Nikkei Stock Average surging 1.99%, Australia's S&P/ASX 200 moving up 0.90% and China's Shanghai Composite rising 1.36%. Hong Kong's Hang Seng Index rose 2.16% and India's Sensex jumped 1.49%. European markets were higher today. The STOXX Europe 600 Index has gained 0.94%, London's FTSE 100 Index moved up 0.92%. Broker Recommendation Analysts at Citigroup upgraded Potash Corporation POT from “hold” to “buy.” The target price for POT has been raised from $61 to $67. POT shares gained 1.86% to $57.03 in pre-market trading. Breaking news

• Ashland Inc ASH announced its plans to buy specialty chemical maker International Specialty Products Inc for around $3.2 billion in cash. To read the full news, click here.
• GE Capital today announced that it has provided East-Midlands based Fogarty (Filled Products) Limited, with a £9.5 million financing facility. To read the full news, click here.
• On Track Innovations OTIV announced today that it has received a new $6 million order, and advanced payment for such order, in support of the next stage expansion of a national ID program. To read the full news, click here.
• The Dealer Services Group of Automatic Data Processing, Inc. ADP today announced that ADP and Ford Motor Company F have signed an agreement for the license of the ADP-developed Ford Automated Card Everyone solution. To read the full news, click here.

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