U.S. stocks were poised to open sharply lower on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon. .N
At 9:07 a.m. ET, Dow e-minis 1YMc1 were down 1.14% at 38,239. S&P 500 e-minis ESc1 were down 1.26% at 5,043, while Nasdaq 100 e-minis NQc1 were down 1.66% at 17,370.75.
The top three NYSE percentage gainers premarket .PRPG.NQ:
** TransUnion
** Tri Pointe Homes
** American Strategic Investment Co
The top two NYSE percentage losers premarket
.PRPL.NQ:
** Marinemax Inc
** BIT Mining Ltd
The top two Nasdaq percentage gainers premarket
.PRPG.O:
** Safe & Green Holdings Corp
** Barfresh Food Group Inc
** Meta Platforms Inc META.O: down 15.3% premarket
** Alphabet Inc GOOGL.O: down 4.4% premarket
** Microsoft Corp MSFT.O: down 2.6% premarket
** Amazon.com Inc AMZN.O: down 3.3% premarket
BUZZ - Drags megacaps lower on higher cost forecast
** Antero Resources Corp AR.N: up 3.7% premarket
BUZZ - Gains on 2024 production forecast raise
** Merck & Co Inc MRK.N: up 2.2% premarket
BUZZ - Climbs on 2024 profit and revenue forecast raise
** HashiCorp Inc HCP.O: up 5.3% premarket
BUZZ - Rises after IBM's $6.4 bln buyout deal
** Southwest Airlines Co LUV.N: down 8.2% premarket
BUZZ - Slumps as Boeing jet delivery forecast slashed for third time
** Royal Caribbean Group Inc RCL.N: up 2.4% premarket
BUZZ - Up on annual profit forecast lift
** Teradyne Inc TER.O: up 4.8% premarket
BUZZ - Climbs after upbeat forecast
** Caterpillar CAT.N: down 6.0% premarket
BUZZ - Drops on downbeat Q2 sales forecast
** Bristol Myers Squibb Co BMY.N: down 2.6% premarket
BUZZ - Falls as deal costs weigh on 2024 outlook
** Honeywell International Inc HON.O: up 1.6% premarket
BUZZ - Gains on Q1 beat
** Keurig Dr Pepper Inc KDP.O: up 5.8% premarket
BUZZ - Climbs on Q1 results beat
** ServiceNow Inc NOW.N: down 4.5% premarket
BUZZ - Dips after firm sees Q2 subscription revenue below estimates
** Chipotle Mexican Grill Inc CMG.N: up 3.6% premarket
BUZZ - up after lifting annual sales forecast
** TAL Education Group TAL.N: up 5.5% premarket
** Gaotu Techedu Inc GOTU.N: up 2.0% premarket
** New Oriental Education & Technology Group Inc EDU.N: up 1.8% premarket
BUZZ - ADRs rise after Q4 beat, share buyback; peers rise
** Newmont Corp NEM.N: up 4.4% premarket
BUZZ - Rises after Q1 profit beat
** GE Vernova Inc GEV.N: down 1.1% premarket
BUZZ - Falls after wider-than-expected Q1 loss
** International Paper Co IP.N: down 4.3% premarket
BUZZ - Down after Q1 profit misses estimates
** Valero Energy Corp VLO.N: up 0.7% premarket
BUZZ - Rises after Q1 profit beat
** Union Pacific Corp UNP.N: up 3.2% premarket
BUZZ - Rises after Q1 profit beat
(Compiled by Rajarshi Roy and Mariam Sunny in Bengaluru)