US Stock Futures Signal Higher Start On Wall Street

Pre-open movers US stock futures traded higher in early pre-market trade. Data on consumer credit for July will be released at 3:00 p.m. ET. Futures for the Dow Jones Industrial Average jumped 296 points to 16,415.0, while the Standard & Poor's 500 index futures rose 36.70 points to 1,958.45. Futures for the Nasdaq 100 index surged 78.90 points to 4,272.90. A Peek Into Global Markets European markets were higher today, with the Spanish Ibex Index rising 1.58 percent, STOXX Europe 600 Index gaining 2.05 percent and German DAX 30 index surging 2.38 percent. French CAC 40 Index jumped 2.01 percent and London's FTSE 100 Index climbed 1.79 percent. In Asian markets, Japan's Nikkei Stock Average fell 2.43 percent, Hong Kong's Hang Seng Index surged 3.28 percent, China's Composite Index Index gained 2.92 percent and India's BSE Sensex climbed 1.70 percent. Broker Recommendation Analysts at JP Morgan upgraded SanDisk Corporation SNDK from Neutral to Overweight and maintained the price target of $70.00. SanDisk shares fell 2.37 percent to close at $52.84 on Friday. Breaking news

• Immunomedics, Inc. IMMU today announced that sacituzumab govitecan, the Company's lead investigational antibody-drug conjugate (ADC), continues to produce durable responses in patients with metastatic lung cancer who had relapsed or were refractory to their last cancer therapy. To read the full news, click here.
• Jones Lang LaSalle Inc JLL today announced it is acquiring AGL, a highly regarded specialist real estate financial advisory business based in Stockholm, to further expand its market-leading capital markets capabilities in Sweden. To read the full news, click here.
• JD.Com Inc(ADR) JD, China's largest online direct sales company, today announced a strategic partnership with Lotte.com, South Korea's leading online shopping site. To read the full news, click here.
• Capnia Inc CAPN today announced that it has acquired substantially all assets from privately-held NeoForce Group, Inc., a developer of innovative pulmonary resuscitation solutions for the inpatient and ambulatory neonatal markets. To read the full news, click here.