Stock futures are shaking off yesterday's late sell-off and have
climbed back into positive territory this morning, buoyed by
falling energy prices, bullish earnings and hopes that the
Institute for Supply Management Index and Fed officials speaking
today will re-affirm the Fed's commitment to easy money.
European markets were mixed with the FTSE up marginally despite
a small decline in UK manufacturing, but other markets lower in
sympathy with yesterday's lower close in the U.S.
In Asia, the Nikkei slid into the red following disappointing
earnings from Sony (
) and on recent gains in the yen versus the dollar and euro.
-Dow Jones Industrial up 0.25%
-S&P 500 futures up 0.23%
-Nasdaq 100 futures up 0.22%
Nikkei down 0.88%
Hang Seng up 0.19%
Shanghai Composite up 0.37%
FTSE-100 up 0.12%
DAX-30 down 0.17%
PRE-MARKET SECTOR WATCH
(+) Large cap tech: higher
(+) Chip stocks: higher
(+) Software stocks: higher
(+) Hardware stocks: higher
(+) Internet stocks: higher
(+/-) Drug stocks: mixed
(-) Financial stocks: lower
(+/-) Retail stocks: flat
(+) Industrial stocks: higher
(+) Airlines: higher
(+) Autos higher
FSLR (+8.97%) Reported record quarterly net sales of $1.3
billion, a gain of $746 million from last quarter.
ACAD (+4.29%) Data from a Phase 3 study with pimavanserin in
patients with Parkinson's disease psychosis showing the treatment
demonstrated significant and clinically meaningful benefits and was
safe and well tolerated.
NFLX (+2.64%) RW Baird upgraded the stock to Outperform from
Neutral and raised the price target 10%
ELLI (-19.72%) Q3 EPS of $0.25 missed the Capital IQ consensus
estimate of $0.30. Revenues of $33 million also fell short of the
consensus of $34.4 million.
AIG (-4.45%) Reported earnings that were in-line with estimates,
but revenue was below consensus.
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