U.S. PRE-MARKET INDICATORS
-Dow Industrial futures down 62 points.
-S&P 500 futures down 7 points.
-Nasdaq 100 futures down 15 points.
-Nasdaq-100 Pre-Market Indicator down 8.31 at 1634.93.
GLOBAL SENTIMENT
Nikkei up 0.6%
Hang Seng down 0.8%
FTSE-100 up 1.1%
PRE-MARKET SECTOR WATCH
(-) Large cap tech: mostly lower
(-) Chip stocks: firmer
(+,-) Small cap stocks: mixed
(+) Drug stocks: mostly higher
(+,-) Software stocks: mixed
(+,-) Internet stocks: mixed
(-) Financial stocks: mostly lower
(-,+) Auto stocks: mixed
(-,+) Airline stocks: mixed
(+,-) Retail stocks: mixed
DOWNSIDE MOVERS
(-) TSRA (-8%) remains lower after reports late Friday said company lost ruling.
(-) INTC (-0.7%) lower despite analyst raising price target.
(-) MS (-3.1%) gets analyst downgrade.
(-) C (-3.1%) down as Barron's article suggests profit-taking in issue.
(-) AIG (-9.1%) down as Barron's says stock looks expensive.
(-) LDK (-0.2%) loses early upside after signing pact with Chinese city for PV power projects.
UPSIDE MOVERS
(+) MDCO (+9.5%) gains on data showing Angiomax reduces cardiac mortality.
(+) MESA (+24.6%) gaining amid reported challenge to Delta's dropped contract.
(+) BBI (+4.2%) sells Irish retailer.
(+) PACR (+10.6%) gets amended credit pact.
(+) JCI (+0.8%) gains after Barron's story says stock may gain on continued demand for energy-efficient cars.
(+) SVA (+10.9%) says H1N1 vaccine passes expert evaluation.
(+) CMCSA (-1%) gains after court rejects limit on market share for cable companies.
(+) ETFC (+3.1%) gains after Citadel scraps share sale.
(+) EXPD (+1.3%) gets favorable Barron's coverage.
(+) ATVI (+2.7%) gets favorable Barron's coverage.
(+) AZN (+1.1%) presents positive late results in coronary study PLATO.
(+) GME (+4.1%) gets analyst upgrade.
(+) BJS (+10%) sold to Baker Hughes.
(+) DCTH (+38.2%) gets FDA orphan drug status for Doxorubicin.
MARKET DIRECTION
Stock futures are pointing to a lower start after stock averages
salvaged a slim weekly gain on Friday, the sixth advance out of the
past seven weeks.
Volume is expected to be thin in the week leading up to the long
Labor Day holiday weekend, which could exaggerate market moves.
