Pre-open movers
U.S. stock futures traded higher in early pre-market trade. The Consumer Price Index for February will be released at 8:30 a.m.
ET.
Futures for the Dow Jones Industrial Average gained 68 points to 25,306.00, while the Standard & Poor’s 500 index futures rose
6.50 points to 2,795.50. Futures for the Nasdaq 100 index rose 8.50 points to 7,173.75.
Oil prices traded higher as Brent crude futures rose 0.26 percent to trade at $65.12 per barrel, while US WTI crude futures
gained 0.34 percent to trade at $61.57 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 0.72 percent, STOXX Europe 600 Index gaining 0.08 percent
and German DAX 30 index gaining 0.17 percent. The UK's FTSE index was trading higher by 0.02 percent, while French CAC 40 Index
rose 0.43 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.66 percent, Hong Kong’s Hang Seng Index gained 0.02 percent, China’s
Shanghai Composite Index slipped 0.49 percent and India’s BSE Sensex slipped 0.18 percent.
Broker Recommendation
Analysts at Cowen & Co. upgraded Century Aluminum Co (NASDAQ: CENX) from Market Perform to Outperform.
Century Aluminum shares rose 3.28 percent to close at $20.81 on Monday.
Breaking news
-
HD Supply Holdings Inc (NASDAQ: HDS) reported
better-than-expected earnings for its fourth quarter an issued a strong forecast for FY18.
-
Tilly’s Inc (NYSE: TLYS) reported
weaker-than-expected results for its fourth quarter. The company also issued weak first quarter guidance.
-
DSW Inc. (NYSE: DSW) reported stronger-than-expected
earnings for its fourth quarter, while sales missed estimates.
-
Proteostatis Therapeutics Inc (NASDAQ: PTI)
disclosed that the FDA has granted breakthrough therapy designation for PTI-428 in Cystic Fibrosis.
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