A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, as investors are awaiting housing data. Futures on the Dow Jones Industrial Average gained 32 points to 12,394.00 and futures on the S&P 500 stock index rose 3.90 points to 1,319.10. Nasdaq 100 futures surged 5 points to 2,320.50. A Peek Into Global Markets Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.17%, Australia's S&P/ASX 200 moving down 0.31% and China's Shanghai Composite declining 0.28%. Hong Kong's Hang Seng Index rose 0.09% and India's Sensex gained 0.13%. European markets were higher today. The STOXX Europe 600 Index has gained 0.33%, London's FTSE 100 Index moved up 0.43%. Broker Recommendation Analysts at Wunderlich downgraded Research In Motion Limited RIMM from “buy” to “hold.” The target price for RIMM has been lowered from $76 to $46. RIMM shares gained 0.18% to $43.60 in after-hours trading. Breaking news
  • Sanderson Farms Inc SAFM swung to a fiscal second-quarter net loss, from a profit in the year-ago period. To read the full news, click here.
  • Rentrak Corporation RENT today announced The Richards Group has committed to use Rentrak's StationView Essentials set-top box database measurement service as one of its resources for local TV planning and buying across the Dallas and Waco markets. To read the full news, click here.
  • Sify Technologies Limited SIFY announced today their partnership with Deutsche Telekom International Carrier Sales & Solutions, the international wholesalearm of Deutsche Telekom. To read the full news, click here.
  • AutoZone Inc AZO reported upbeat earnings for the fiscal third quarter on Tuesday. AutoZone reported its quarterly earnings at $227.4 million, or $5.29 per share, up from $202.7 million, or $4.12 per share, in the year-earlier period. To read the full news, click here.
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