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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

US stocks seen opening higher

Futures trading indicates a higher open on Wall Street..

Futures trading is pointing to a higher open on Wall Street today as oil climbs higher and European shares are also gaining ground.

Yesterday saw further falls across the board, although a late rally in some healthcare stocks recovered some losses. The benchmark Dow Jones finished 13 down at 16,014 and the Nasdaq shed 15 at 4,269.

The broader S&P500 was around flat at 1,852.

In futures today, the Dow is trading up 145 points; the Nasdaq is around 60 ahead and the S&P500 added around 20 points.

On the political front, there is sure to be plenty of commentary on the victory of Republican Trump and Democrat Sanders in the New Hampshire primary.

In London, at the time of writing, the FTSE100 is up 77 at 5,709 at the time of writing, while the German DAX is 2.38% higher.

A rise in the crude has helped boost sentiment a tad, with futures jumping around 2% overnight to over US$28 a barrel.

Traders will be more than a little interested in a government update later this morning when it will update its weekly crude oil inventories.

Spot US crude at the time of writing is 2.33% higher at US$28.58.

In the corporate arena, film maker Disney (NYSE:DIS) saw shares fall after hours despite it announcing an increase in quarterly profit boosted by Star Wars but earnings on its cable networks fell by 5% as costs on sports channel ESPN rose.

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