A Peek Into The Market Before The Trading Starts

Pre-open movers US stock futures are lower this morning. Shares of Research in Motion Ltd RIMM dipped about 18.75% in pre-market trading after the company reported downbeat quarterly earnings. Futures for the Dow Jones Industrial Average dipped 24 points to 11,351.00 and S&P 500 index futures fell 3.60 points to 1,200.60. Nasdaq 100 futures dropped 4 points to 2,280.00. A Peek Into Global Markets European markets were higher today. The STOXX Europe 600 Index rose 0.74%, London's FTSE 100 Index moved up 0.82%, French CAC 40 index rose 0.35% and German DAX 30 index gained 1.20%. Asian markets ended higher, with Japan's Nikkei Stock Average gaining 2.2529%, Australia's S&P/ASX 200 moving up 1.85% and China's Shanghai Composite rising 0.13%. Hong Kong's Hang Seng Index gained 1.4275% and India's Sensex rose 0.35%. Broker Recommendation Analysts at Robert W. Baird downgraded Mastercard Incorporated MA from “outperform” to “neutral.” The target price for Mastercard is set to $385. Mastercard shares gained 0.15% to $348.46 in after-hours trading. Breaking news

• Today, GE expanded its position in one of the world's fastest growing markets by finalizing agreements to set up two new joint ventures in Russia which could drive $10 - $15 billion in sales. To read the full news, click here.
• Chevron Corporation CVX yesterday announced that its Australian subsidiaries have signed a Sale and Purchase Agreement with Kyushu Electric Power Co. for the delivery of liquefied natural gas from the Wheatstone Project in Western Australia. To read the full news, click here.
• Dynegy Inc DYN announced today that it has commenced offers to exchange (the Exchange Offers) up to $1,250,000,000 principal amount of the outstanding notes, debentures and capital income securities (the Old Notes) of Dynegy Holdings, LLC (DH), its direct, wholly-owned subsidiary, for Dynegy's new 10% Senior Secured Notes due 2018 (the New Notes) and cash. To read the full news, click here.
• Deer Consumer Products Inc DEER today announced that Deer is scheduled to pay on October 14, 2011, its regular quarterly cash dividend of $0.05 per share to shareholders of record as of September 30, 2011. To read the full news, click here.