Morning News: Twitter Inc, Textron Inc.,, Inc.

Morning News: Twitter Inc, Textron Inc.,, Inc.
market news

Stocks that are expected to trade actively in the U.S. market on Friday include; Twitter Inc (NYSE:TWTR), Textron Inc. (NYSE:TXT), WPCS International Incorporated (NASDAQ:WPCS), ANI Pharmaceuticals Inc (NASDAQ:ANIP) and, Inc. (NASDAQ:AMZN).

Market Level

U.S.: Dow 16,479.88 (0.75%), S&P 500 1842.02 (0.47%), NASDAQ 4167.18 (0.28%)

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Europe: FTSE 6732.40 (0.57%), DAX 9561.06 (0.76%), CAC 40 4256.40 (0.90%)

Asia Pacific: NIKKEI 16178.94 (1.03%), HANG SENG 23243.24 (1.13%), SHANGHAI 2101.25 (1.36%), KOSPI 2002 (0.15%)

Commodities: Oil 99.63 (0.08%), NAT GAS 4.409 (-0.54%), Gold 1210.70 (-0.13%), Silver 19.845 (-0.36%), Wheat 604.50 (-0.25%), Corn 427.25 (0.23%).

Currency: EUR/USD 1.3802 (0.81%), GBP/USD 1.6486 (0.42%), USD/JPY 104.81 (0.02%).

10 year Treasury bond: 3.004 (0.009).

Market & Economic Update

U.S. markets at record high – stocks on the U.S. stock exchange soared on Thursday as the Dow and S&P 500 touched their record high. The Dow Jones industrial average added 122.33 points, or 0.75%, to end at 16,479.88, a record closing high. The Standard & Poor’s 500 Index surged 8.70 points, or 0.47%, to finish at 1,842.02, also a record closing high.

European markets at record high – The DAX equity index surged to record highs on Friday complementing the ongoing rally of the European shares. The pan-European FTSEurofirst 300 index rose by 0.5% to 1,306.60 points by 0810 GMT. The euro zone’s blue-chip Euro STOXX 50 index rose by 0.7% to 3,094.32 points while the DAX rose 0.8% to a new record high of 9,565.07 points.

Asian markets up – shares on the Hong Kong stock exchange soared higher for the third straight session on Friday followed by greater benefits on the mainland. The Hang Seng Index ended up 0.3% for the day and 1.9% for the week. The Nikkei added 4.5 points to close at 16,178.94 in its eighth straight day of gains, its longest such run since March.

Stocks to Watch

Textron Inc. (NYSE:TXT)

Shares of Textron added 2.21% to $37.00 in the after-hours trading session. The company agreed to acquire Beech Holdings LLC for around $1.4 billion in cash. Textron will purchase all outstanding equity interest in the Beech Holdings LLC, the parent company of Beechcraft.

WPCS International Incorporated (NASDAQ:WPCS)

WPCS International stock added 26.49% to $1.91 in the after-hours trading. The company announced the public release of the beta version of its Windows-based trading platform for Bitcoin traders.

Twitter Inc (NYSE:TWTR)

Shares of Twitter touched an all-time high of $74.73 during the regular trading session on Thursday. The stock declined 0.08% to $73.25 in after-hours trading.

ANI Pharmaceuticals Inc (NASDAQ:ANIP)

ANI Pharmaceuticals rose 5.14% to $18.00 in the after-hours trading session. The company stated that it has acquired 31 generic products from Teva Pharmaceuticals by paying $12.5 million in cash and a percentage of future gross profits., Inc. (NASDAQ:AMZN)

Amazon stock surged 1.3% in yesterday trading session after the company revealed that it has widened its subscriber base by more than 1 million Amazon Prime members, in the third week of December. The shares declined 0.32% to $403.10 in after-hours trading.

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