U.S. stock futures traded higher in early pre-market trade. Minneapolis Federal Reserve Bank President Neel Kashkari is set to speak in Prior Lake, Minnesota at 9:10 a.m. ET.
Futures for the Dow Jones Industrial Average gained 100 points to 24,556.00, while the Standard & Poor’s 500 index futures traded rose 9.35 points to 2,772.25. Futures for the Nasdaq 100 index gained 24.50 points to 7,258.
Oil prices traded higher as Brent crude futures rose 0.89 percent to trade at $77.80 per barrel, while US WTI crude futures rose 0.02 percent to trade at $73.81 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 0.40 percent, STOXX Europe 600 Index climbing 0.48 percent and German DAX 30 index gaining 0.12 percent. The UK’s FTSE index was trading higher by 0.35 percent, while French CAC 40 Index gained 0.42 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 1.21 percent, Hong Kong’s Hang Seng Index climbed 1.32 percent, China’s Shanghai Composite Index climbed 2.47 percent and India’s BSE Sensex rose 0.78 percent.
Analysts at Vertical Research downgraded Booz Allen Hamilton Holding Corporation BAHfrom Buy to Hold.
Booz Allen shares rose 1.35 percent to close at $45.68 on Friday.
- Helen of Troy LimitedHELE reported better-than-expected results for its first quarter and raised its FY19 earnings guidance.
- DPW Holdings, Inc.DPW reported $5 million in development and manufacturing orders for its Coolisys Technologies.
- MVC Capital, Inc.MVC 0.11% agreed to sell European investment in Centile Holdings to VOIP Holdings for $7.5 million.
- CTI BioPharmaCTIC disclosed that its Phase 3 trial evaluating PIXUVRI did not meet its primary endpoint of improvement in progression-free survival.