U.S. stock futures jumped Friday ahead of Wall Street’s open, on higher hopes that debt-troubled Greece and its creditors will reach a economic-reform deal.
Futures for the Dow Jones Industrial Average YMU5, +1.12% surged 174 points, or 1%, to 17,627, and those of the S&P 500 ESU5, +1.30% climbed 23.55 points, or 1.1%, to 2,064.50.
Nasdaq futures NQU5, +1.33% gained 46.75 points, or 1.1%, to 4,386.25.
European equities SXXP, +1.79% were also rallying after Greece late Thursday submitted a new reform package that, if approved, could unlock much-needed bailout funds.
The new proposal appears to have moved closer to the measures demanded by the country’s creditors, but it could face opposition in Greece.
Oi SA (ADR) (NYSE:OIBR) increase +5.59% and closed at $1.70. The 52-week range for the stock is $1.54 and $7.95 and during the previous trading session the stock touched its highest price at $1.78. Its introductory price for the day was $1.64, with the overall traded volume of XX million shares. Oi SA (ADR) (NYSE:OIBR) offers integrated telecommunication services for housing customers and governmental agencies, as well as small, medium, and large companies in Brazil. It offers fixed-line voice services, such as installation, monthly subscription, metered services, collect calls, and supplemental local services; domestic and worldwide long-distance services; broadband Internet access services; subscription television services; and bundled services, as well as owns and operates public telephones.
Mobileye NV (NYSE:MBLY) reported the increase of +5.08%, at $56.87 with the overall traded volume of 6.16 million shares. Its market capitalization on last close reached to $11.73 billion. Its intraday-low price was $56.00 and its hit its day’s highest price at $57.81. Mobileye NV (NYSE:MBLY) along with its subsidiaries, designs and develops software and related technologies for camera-based advanced driver assistance systems first and foremost in Israel. It works through two segments, Original Equipment Manufacturing and After Market. The company offers proprietary software algorithms and EyeQ chips that perform detailed interpretations of the visual field to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris, and other obstacles; and detect roadway markings, such as lanes, road boundaries, barriers, and related items, as well as identify and read traffic signs and traffic lights.
Cliffs Natural Resources Inc (NYSE:CLF) gained +4.14% and is at $3.27. The total traded volume was 6.63 million shares and market capitalization arrived at $481.30 million. The stock has a 52-week high price of $18.41 and its 52-week low was recorded at $3.06, while it is trading in the range of $3.22 – $3.40. Cliffs Natural Resources Inc (NYSE:CLF) reported it intends to announce 2ndquarter 2015 financial results before the U.S.-market open July 29, 2015. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results.
Nabors Industries Ltd. (NYSE:NBR) during the previous trading session showed a positive movement of +3.34%. It traded with volume of 5.69 million shares, while its average trading remained 6.02 million shares. Stock’s closing price was $13.60, while it started its day-trade at $13.52.Recently the company has a market capitalization of $4.35 billion. Its 52-week price range was $9.91 – $29.97. Nabors Industries Ltd. (NYSE:NBR) along with its subsidiaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also offers completion, life-of-well maintenance, and plugging and abandonment of a well.