A Peek Into The Market Before The Trading Starts

Pre-open movers

US stock futures opened higher this morning, on US dollar weakness and positive investor sentiments related to the current earnings season.Futures for the Dow Jones Industrial Average gained 31 points to 14,643.00 and S&P 500 index futures rose 3.70 points to 1,566.50. Nasdaq 100 futures declined 9 points to 2,806.50. A Peek Into Global Markets European markets have moved up today. The STOXX Europe 600 Index rose 0.75%. London's FTSE 100 Index gained 33.50%. French CAC 40 Index rose 31.50% and German DAX 30 index gained 31.50%.

Asian markets are also rising up, with Japan's Nikkei Stock Average rising 98% and Australia's S&P/ASX 200 went down 0.18%. Hong Kong's Hang Seng rose 38% and India's Sensex climbed up 0.90%.

Broker Recommendation Analysts at Bank of America Upgraded Starwood Property Trust, Inc. (NYSE: STWD) from “neutral” to “buy”. The target price for Starwood Property Trust has been raised from $28.50 to $30.50. Starwood Property Trust stock closed at $ 27.15 yesterday.

Breaking news

• GAIN Capital Holdings (NYSE: GCAP) announced Tuesday that its Board of Directors has adopted a stockholder rights plan. To read the full news, click here.
• Taylor Morrison Home Corporation (NYSE: TMHC) today announced the pricing of its initial public offering of 28,572,000 shares of the Company's Class A common stock at a price to the public of $22.00 per share. To read the full news, click here.
• Herbalife (NYSE: HLF) today issued the following statement in response to media inquiries: We believe we are currently in compliance with New York Stock Exchange (NYSE) listing requirements and we do not anticipate that the NYSE will initiate any type of proceeding to delist the company. To read the full news, click here.
• At the National Association of Broadcasters (NAB) conference, Adobe Systems Incorporated (NASDAQ: ADBE) today released a broad set of industry data and insights about online video and ad consumption. To read the full news, click here.