Pre-open movers
US stock futures are mixed this morning, as investors are awaiting earnings reports from major companies. Futures for the Dow Jones Industrial Average dropped 21 points to 11,280.00 and S&P 500 index futures fell 0.50 points to 1,193.40. Nasdaq 100 futures surged 10 points to 2,331.00.
A Peek Into Global Markets
European markets were lower today. The STOXX Europe 600 Index fell 0.84%, London's FTSE 100 Index moved down 1.27%, French CAC 40 index declined 1.77% and German DAX 30 index dropped 0.50%.
Asian markets ended lower, with Japan's Nikkei Stock Average dropping 1.5506%, Australia's S&P/ASX 200 moving down 2.04% and China's Shanghai Composite dropping 2.33%. Hong Kong's Hang Seng Index dipped 4.2256% and India's Sensex declined 1.50%.
Broker Recommendation
Analysts at Jefferies & Company downgraded VMware Inc VMW from “buy” to “hold.” The target price for VMware has been lowered from $100 to $90.
VMware shares dropped 3.37% to $86.50 in pre-market trading.
Breaking news
Market News and Data brought to you by Benzinga APIs- UnitedHealth Group Inc UNH reported a decline in its third-quarter net profit on Tuesday. To read the full news, click here.
- The U.S. Army awarded Lockheed Martin LMT a $383 million contract to maintain, operate and sustain the Persistent Threat Detection Systems. To read the full news, click here.
- Bank of America Corp BAC swung to a profit in its third-quarter on Tuesday. To read the full news, click here.
- Triple-S Management Corporation GTS announced that its Triple-S Salud subsidiary signed yesterday a definitive agreement with the Puerto Rico Health Insurance Administration to administer healthcare services for the Metro North, North, San Juan, Northeast and West regions of Puerto Rico's health insurance program (Medicaid), known as MiSalud. To read the full news, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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