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Wall Street was set to rally on Thursday, with the benchmark S&P 500 poised to notch a record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon. .N

At 9:04 ET, Dow e-minis 1YMc1 were up 1.12% at 41,993. S&P 500 e-minis ESc1 were up 1.52% at 5,706.25, while Nasdaq 100 e-minis NQc1 were up 2.11% at 19,757.75.

The top three NYSE percentage gainers premarket .PRPG.NQ:
** SEACOR Marine Holdings , up 8.5%
** Darden Restaurants , up 8.4%
** Universal Insurance Holdings , up 8.4%

The top three NYSE percentage losers premarket .PRPL.NQ:
** Steelcase , down 9.6%
** Terex , down 6.9%
** Cars.com , down 6.7%

The top two Nasdaq percentage gainers premarket .PRPG.O:
** Telesis Bio , up 164.7%
** Exicure , up 150.7%

The top two Nasdaq percentage losers premarket .PRPL.O:
** Haoxi Health Technology , down 29%
** SBC Medical Group Holdings , down 25.6%


** Progyny PGNY.O: down 24.3% premarket
BUZZ - Falls as big client plans to terminate services agreement

** Apple AAPL.O: up 1.9% premarket

** Meta Platform META.O: up 2.3% premarket

** Microsoft MSFT.O: up 1.5% premarket

** Nvidia NVDA.O: up 3.2% premarket
BUZZ - Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut

** Coinbase Global COIN.O: up 4.7% premarket

** Bitfarms BITF.O: up 6.6% premarket

** Microstrategy MSTR.O: up 5.4% premarket

** Riot Platforms RIOT.O: up 4.9% premarket
BUZZ - Crypto stocks rise after bitcoin hits three-week high

** Vistra VST.N: up 2.8% premarket
BUZZ - Up after acquiring remaining stake in Vistra Vision

** New York Community Bancorp NYCB.N: up 2.1% premarket
BUZZ - Rises after Fed's oversized rate cut

** AppLovin APP.O: up 2.3% premarket
BUZZ - Jumps after Citi's PT hike

** America’s Car-Mart CRMT.O: down 13.3% premarket
BUZZ - Skids on pricing stock offering

** Target TGT.N: up 1.1% premarket
BUZZ - Names new CFO; shares rise

** Rio Tinto RIO.N: up 4.4% premarket
BUZZ - MS sees seasonal restock to bring metals & mining back into focus

** Hawaiian Electric Industries HE.N: down 0.6% premarket
BUZZ - Drops on $250 mln stock offering plans

** Mobileye Global MBLY.O: up 7.7% premarket
BUZZ - Rises after Intel says no plans to divest majority stake

** Vanda Pharmaceuticals VNDA.O: down 8.5% premarket
BUZZ - Drops after US FDA declines drug approval

** Hess Midstream LP HESM.N: down 2.4% premarket
BUZZ - Falls after upsized secondary offering priced

** Plug Power PLUG.O: up 6.2% premarket
BUZZ - Rises on contract with BP-Iberdrola JV

** D R Horton DHI.N: up 2.7% premarket

** Lennar LEN.N: up 3.0% premarket

** Pultegroup PHM.N: up 2.9% premarket

** Toll Brothers TOL.N: up 2.9% premarket
BUZZ - US homebuilders rise after Fed rate cut

** Darden Restaurants Inc DRI.N: up 8.4% premarket
BUZZ - Jumps on Uber food delivery partnership

** DoorDash DASH.O: up 4.2% premarket
BUZZ - Rises as BTIG upgrades to 'buy'

(Rajarshi Roy and Anuja Mistry)

((Rajarshi.Roy@thomsonreuters.com))