Stocks: 4 things to know before the open

Written By limadu on Rabu, 28 Mei 2014 | 17.42

S&P futures 2014 05 28

Click chart for in-depth premarket data.

LONDON (CNNMoney)

Here are four things you need to know before the open:

1. Another record high in sight: U.S. stock futures were up ahead of the opening bell, suggesting that the S&P 500 may soon hit another record high. All the major U.S. indices have gained ground over the past four trading days, rising by roughly 2% to 3.5%.

The S&P 500 closed at a record high Tuesday.

2. Stocks on the move -- GlaxoSmithKline, Disney: GlaxoSmithKline (GSK) shares were down by 1.5% in London after the company revealed it was being investigated by the U.K.'s Serious Fraud Office.

The main premarket mover in the U.S. was Disney (DIS, Fortune 500). Shares were poised to gain 1.5%.

Related: Fear & Greed Index

3. Earnings on tap: Michael Kors (KORS) will report earnings before the opening bell. Investors are hoping the fashion house will reveal that shoppers are snapping up purses, clothing and accessories. Michael Kors shares have surged by 18% since the start of the year.

Related: CNNMoney's Tech30

4. International movement: European markets were weak in morning trading, while Asian markets mostly ended with gains. The Shanghai Composite led the way with a 0.8% jump. To top of page

First Published: May 28, 2014: 5:13 AM ET


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