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盘前:Biogen大涨 美期指攀升

新浪美股 ·  Jul 25, 2017 20:29

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Sina US Stock News US stock index futures rose in pre-market on Tuesday on the 25th Beijing time. Biogen's rise offset the impact of the decline in Google's parent company.

S&P 500 futures rose 0.25%, Dow Jones Industrial Average futures rose 0.51%, and Nasdaq 100 futures rose 0.05%.

On Monday, the Nasdaq Composite Index rose 0.36% to another record high. The S&P 500 and the Dow had lower earnings of 0.1% and 0.3%, respectively. Both indices are not far from the historic highs set last week.

Google's parent company fell 3% in the premarket. The company reported better-than-expected results, but the cost of traffic acquisition hit a new high.

Oilfield service provider TechnipFMC fell 8% in the premarket. The company said it would review some of its previous financial reports due to major errors.

Biotech giant Biogen rose 5%, and the company's quarterly profit exceeded expectations and raised its full-year performance target.

Clothing retailer Michael Kors rose 1%, and the company agreed to buy high-end shoe manufacturer Jimmy Choo for $1.2 billion.

Famous companies such as McDonald's, General Motors, Caterpillar, DuPont, Eli Lilly Pharmaceuticals, United Technology, and 3M released financial reports before the market.

The May housing price index will be announced at 9 p.m. Beijing time, and the July consumer confidence index will be announced at 10 p.m.

The Federal Reserve will hold a two-day interest rate meeting and issue a monetary policy statement on Wednesday.

Craig Erlam, chief market analyst at Oanda, said, “It is expected that there will be no change in monetary policy, and there is no press conference at this interest rate meeting. However, the Federal Reserve may indicate in its statement that it will downsize in September.”

Asian stock markets had mixed ups and downs, and the pan-European Stoxx 600 Index rose 0.74%.

Gold futures fell 0.28%, and the dollar index fell 0.22%. Crude oil futures rose 1.8%.

The translation is provided by third-party software.


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