A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, after strong earnings from the technology sector. Futures on the Dow Jones Industrial Average gained 137 points to 12,363.00 and futures on the S&P 500 stock index rose 16.90 points to 1,325.50. Nasdaq 100 futures surged 29 points to 2,340.00. A Peek Into Global Markets Positive sentiment ruled the European markets today. While STOXX Europe 600 Index has gained 1.48%, London's FTSE 100 Index moved up 2.04%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 1.76%, Australia's S&P/ASX 200 rising 1.35% and China's Shanghai Composite gaining 0.27%. Hong Kong's Hang Seng index rose 1.60%. Broker Recommendation Analysts at FBR Capital upgraded Intel Corporation INTC from “market perform” to “outperform.” The target price for Intel has been raised from $25 to $27. Intel shares gained 6.75% to $21.20 in pre-market trading. Breaking news
  • Altria Group Inc MO reported its Q1 EPS at $0.44, versus the consensus of $0.44. To read the full news, click here.
  • United Technologies Corp UTX reported its Q1 EPS at $1.11, versus the consensus of $1.07. To read the full news, click here.
  • Prospect Capital Provides $13 Million in Senior Secured Second Lien Financing to Support Annex Capital's Purchase of a Leading Food Services Company Prospect Capital Corporation PSEC announced today that Prospect has made a secured debt investment of $13 million to support the acquisition of a leading food distributor by Annex Capital Management. To read the full news, click here.
  • Quest Diagnostics Inc DGX reported its Q1 adjusted EPS at $1.00, missing the consensus of $1.01. To read the full news, click here.
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