A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are slightly higher this morning, after Google Inc GOOG reported upbeat Q2 results. Standard & Poor's puts the US credit rating on review for a possible downgrade. Futures on the Dow Jones Industrial Average surged 29 points to 12,411.00 and futures on the S&P 500 stock index rose 1.30 points to 1,308.00. Nasdaq 100 futures gained 6 points to 2,340.00. A Peek Into Global Markets Asian markets ended mixed, with Japan's Nikkei Stock Average gaining 0.3860%, Australia's S&P/ASX 200 moving down 0.41% and China's Shanghai Composite rising 0.35%. Hong Kong's Hang Seng Index fell 0.2954% and India's Sensex dropped 0.31%. European markets were lower today. The STOXX Europe 600 Index has dipped 0.34%, London's FTSE 100 Index moved down 0.11%, German DAX 30 index fell 0.38% and France CAC 40 index fell 0.47%. Broker Recommendation Analysts at Jefferies & Company downgraded Qlik Technologies Inc QLIK from “buy” to “hold.” The target price for QLIK has been lowered from $39 to $34. QLIK shares rose 0.09% to close at $33.71 yesterday. Breaking news

• Scandal-plagued Rebekah Brooks resigned as chief of News Corporation's NWSA British newspaper unit Friday, succumbing to mounting pressure amid allegations that she knowingly allowed the hacking of various voicemail accounts during her Editorship. To read the full news, click here.
• Mattel Inc MAT reported a 56% rise in its second-quarter net income. To read the full news, click here.
• Groupon Inc., the popular daily deal site, has added 11 underwriters to its initial public offering, bringing the total consortium to 14. To read the full news, click here.
• The Clorox Company CLX today confirmed it has received an unsolicited conditional proposal from Icahn Enterprises L.P. to acquire the company for $76.50 per share, subject to due diligence, financing and other conditions. To read the full news, click here.