A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, as investors are awaiting the Federal Reserve's statement on monetary policy. Futures for the Dow Jones Industrial Average surged 95 points to 10,821.00 and S&P 500 index futures rose 13.00 points to 1,124.30. Nasdaq 100 futures gained 21.00 points to 2,059.00. A Peek Into Global Markets European markets were mostly lower today. The STOXX Europe 600 Index dropped 0.49%, London's FTSE 100 Index moved down 0.17%, French CAC 40 index rose 0.19% and German DAX 30 index dropped 1.88%. Most Asian markets ended lower, with Japan's Nikkei Stock Average dipping 1.6827%, Australia's S&P/ASX 200 moving up 0.99% and China's Shanghai Composite declining 0.03%. Hong Kong's Hang Seng Index fell 5.6605% and India's Sensex dipped 0.78%. Broker Recommendation Analysts at FBR Capital upgraded Wells Fargo & Company WFC from “market perform” to “outperform.” The target price for Wells Fargo is set to $31. Wells Fargo shares gained 0.31% to $23.00 in pre-market trading. Breaking news

• Dish Network Corp DISH reported a 30% rise in its second-quarter profit. Dish Network's quarterly profit surged to $335 million, or $0.75 per share, from $257 million, or $0.57 per share, in the year-ago period. To read the full news, click here.
• Pharmasset Inc VRUS announces that its Board of Directors declared a two-for-one split of Pharmasset's common stock, par value $0.001 per share, in the form of a 100% common stock dividend. To read the full news, click here.
• Wizzard Media WZE today announced the signing of a material agreement to acquire 100% of the outstanding shares of Digital International Entertainment. To read the full news, click here.
• Beazer Homes USA Inc BZH reported wider-than-expected fiscal third-quarter loss. Beazer posted a quarterly net loss at $59.1 million, or $0.80 per share, versus a loss of $27.8 million, or $0.41 per share, in the year-ago period. To read the full news, click here.