A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 86 points to 11,578.00 and S&P 500 index futures rose 10 points to 1,214.80. Nasdaq 100 futures gained 18.50 points to 2,245.50. A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 1.37%, London's FTSE 100 Index moved up 0.85%, French CAC 40 index rose 1.53% and German DAX 30 index gained 1.21%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.01%, Australia's S&P/ASX 200 moving up 0.66% and China's Shanghai Composite rising 0.03%. Hong Kong's Hang Seng Index rose 1.6367% and India's Sensex jumped 1.59%. Broker Recommendation Analysts at Piper Jaffray upgraded CNinsure Inc CISG from “underweight” to “neutral.” The target price for CNinsure is set to $10. CNinsure shares dropped 10.59% to close at $10.38 yesterday. Breaking news

• Joy Global Inc JOYG reported a 46% surge in its fiscal third-quarter profit and raised its forecast for the year. To read the full news, click here.
• Kratos Defense & Security Solutions Inc KTOS, announced today that its Integral Systems group has been awarded a commercial services contract by MEASAT Satellite Systems to provide Radio Frequency Interference Detection and Geolocation service. To read the full news, click here.
• Panasonic Corporation PC today announced that its Board of Directors has decided and signed an agreement to assume operations related to bond financing, redemption and administrative work of SANYO Electric Co., Ltd. , a wholly-owned consolidated subsidiary of Panasonic, through business division. To read the full news, click here.
• Salesforce.com CRM and D&B DNB today announced an alliance to make D&B the exclusive provider of company information on 200 million global businesses for Data.com. To read the full news, click here.