Pre-open movers
US stock futures are higher this morning, as investors are awaiting April nonfarm-payrolls data. Futures on the Dow Jones Industrial Average gained 21 points to 12,591.00 and futures on the S&P 500 stock index rose 3.50 points to 1,338.50. Nasdaq 100 futures surged 6.50 points to 2,385.50.
A Peek Into Global Markets
Most Asian markets ended lower, with Australia's S&P/ASX 200 moving down 0.26% and China's Shanghai Composite declining 0.30%. Hong Kong's Hang Seng Index dropped 0.44% and India's Sensex surged 1.69%.
European markets were mixed today. The STOXX Europe 600 Index has gained 0.26%, London's FTSE 100 Index moved down 0.25%.
Broker Recommendation
Analysts at Morgan Stanley upgraded Citigroup Inc C from “neutral” to “overweight.”
Citigroup shares gained 1.56% to $4.55 in pre-market trading.
Breaking news
Market News and Data brought to you by Benzinga APIs- Constellation Energy Group Inc CEG reported a 58% decline in its first-quarter net profit. The company's net profit fell to $79.4 million. To read the full news, click here.
- WellCare Health Plans Inc WCG reported a strong surge in its Q1 profit and raised its earnings forecast for the year. To read the full news, click here.
- Cytori Therapeutics CYTX has appointed Clyde W. Shores as Executive Vice President of Marketing & Sales where he will lead the Company's strategic marketing initiatives for all product lines around the world. To read the full news, click here.
- Alcatel-Lucent SA ALU released its results for the first quarter on Friday. The company posted a quarterly net loss of 10 million euros ($14.5 million). To read the full news, click here.
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