A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are higher this morning, after President Barack Obama reported that Osama bin Laden, the leader of al Qaeda, was killed in a US operation in Pakistan. Futures on the Dow Jones Industrial Average gained 70 points to 12,826.00 and futures on the S&P 500 stock index rose 6.60 points to 1,366.30. Nasdaq 100 futures surged 11.50 points to 2,412.25. A Peek Into Global Markets Most Asian markets ended higher, with Japan's Nikkei Stock Average gaining 1.57%. India's Sensex dropped 0.72%. Markets in China and Hong Kong were closed for a public holiday. European markets were higher today. The STOXX Europe 600 Index has advanced 0.20%. Broker Recommendation Analysts at Citigroup upgraded Netflix NFLX from “hold” to “buy.” The target price for NFLX has been raised from $245 to $300. NFLX's shares fell 0.73% to close at $232.67 on Friday. Breaking news

• Warner Music Group WMG is on the block, according to people familiar with the matter, and could be sold for as much as $3 billion as early as this week. To read the full news, click here.
• Humana HUM today reported diluted earnings per common share (EPS) for the quarter ended March 31, 2011 (1Q11) of $1.86, compared to $1.52 per share for the quarter ended March 31, 2010 (1Q10). To read the full news, click here.
• Community Health Systems CYH today announced that it has raised its all-cash offer to acquire all outstanding shares of common stock of Tenet Healthcare Corporation THC to $7.25 per share from $6.00 per share. To read the full news, click here.
• JinkoSolar Holding JKS today announced its unaudited financial results for the first quarter ended March 31, 2011. To read the full news, click here.

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