US Stock Futures Signal Higher Start On Wall Street

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Pre-open movers US stock futures traded higher in early pre-market trade. Data on weekly jobless claims will be released at 8:30 a.m. ET, while the Markit PMI services index for December will be released at 9:45 a.m. ET. The general conditions index of the Philadelphia Fed's Survey for December and the Conference Board's index of leading indicators for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 181 points to 17,473.00, while the Standard & Poor's 500 index futures rose 22.20 points to 2,030.40. Futures for the Nasdaq 100 index climbed 53.25 points to 4,212.75. A Peek Into Global Markets European markets were higher today, with the Spanish Ibex Index gaining 2.69%, STOXX Europe 600 Index rising 2.07%. German DAX 30 index climbed 2.08%, French CAC 40 Index gained 2.57% and London's FTSE 100 Index rose 0.98%. In Asian markets, Japan's Nikkei Stock Average rose 2.32%, Hong Kong's Hang Seng Index climbed 1.09%, China's Shanghai Composite Index fell 0.11% and India's Sensex jumped 1.56%. Broker Recommendation Analysts at Longbow Research upgraded Joy Global, Inc. JOY from Underperform to Neutral. The price target for Joy Global is set to $50. Joy Global's shares closed at $46.14 yesterday. Breaking news
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