Pre-open movers
US stock futures are higher this morning, as investors are awaiting factory-orders data. Futures on the Dow Jones Industrial Average surged 22 points to 12,536.00 and futures on the S&P 500 stock index rose 0.30 point to 1,335.10. Nasdaq 100 futures gained 8.00 points to 2,363.25.
A Peek Into Global Markets
Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.1025%, Australia's S&P/ASX 200 moving down 0.29% and China's Shanghai Composite surging 0.13%. Hong Kong's Hang Seng Index fell 0.0989% and India's Sensex dropped 0.38%.
European markets were mostly higher today. The STOXX Europe 600 Index has gained 0.21%, London's FTSE 100 Index moved up 0.14%, German DAX 30 index rose 0.23% and France CAC 40 index fell 0.32%.
Broker Recommendation
Analysts at Evercore Partners upgraded Google Inc GOOG from “equal-weight” to “overweight.” The target price for Google has been raised from $620 to $670.
Google shares surged 1.08% to $526.68 in pre-market trading.
Breaking news
Market News and Data brought to you by Benzinga APIs- Energy Transfer Equity LP ETE lifted its bid for Southern Union Co SUG to $8.9 billion, including $5.1 billion in cash and ETE common units. To read the full news, click here.
- OM Group Inc OMG announced its plans to acquire German magnetic materials maker Vacuumschmelze GmbH & Co KG for 700 million euros ($1 billion) from One Equity Partners. To read the full news, click here.
- AECOM Technology Corporation ACM announced today that it has won two concurrent contracts with an aggregate value of up to US$72 million over three years, if all options are exercised. To read the full news, click here.
- Oncolytics Biotech Inc. ONCY today announced the appointment of George M. Gill, MD as Chief Medical Officer. To read the full news, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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