Wall Street's main indexes were on course to open higher on Thursday, a day after the Federal Reserve hinted an end to its recent aggressive rate hikes and signaled that borrowing costs would be lower year..N
At 9:02 ET, Dow e-minis 1YMc1 were up 0.54% at 37,311. S&P 500 e-minis ESc1 were up 0.55% at 4,734.25, while Nasdaq 100 e-minis NQc1 were up 0.46% at 16,640.25.
The top three NYSE percentage gainers premarket .PRPG.NQ:
** Direct Selling Acquisition
** Local Bounti
** Southwest Gas Holdings
The top two NYSE percentage losers premarket
.PRPL.NQ:
** Regis
** MariaDB
The top two Nasdaq percentage gainers premarket
.PRPG.O:
** Freight Technologies
** XBP Europe Holdings
The top two Nasdaq percentage losers premarket
.PRPL.O:
** Brilliant Acquisition
** Amtech Systems
** Adobe Inc ADBE.O: down 4.0% premarket
BUZZ - Slides on anti-trust issues, weak revenue forecasts
** Ocular Therapeutics Inc OCUL.O: down 15.0% premarket
BUZZ - Tumbles on $100 mln stock offering
** AerSale Corp ASLE.O: down 4.6% premarket
BUZZ - Falls as Leonard Green carves stake in secondary offering
** Invesco Ltd IVZ.N: up 3.2% premarket
BUZZ - Rises after KBW upgrades to 'outperform', lifts PT
** Moderna Inc MRNA.O: up 11.2% premarket
BUZZ - Rises on positive trial data for melanoma vaccine plus Keytruda
** Robinhood Markets Inc HOOD.O: up 2.6% premarket
BUZZ - Rises on higher equity trading volumes in November
** Foot Locker Inc FL.N: up 5.2% premarket
BUZZ - Rises after Piper Sandler upgrades to 'overweight'
** Alaska Air Group Inc ALK.N: up 1.9% premarket
BUZZ - Up on tighter Q4 revenue forecast
** Newmont Corp NEM.N: up 1.0% premarket
** Barrick Gold Corp GOLD.N: up 0.9% premarket ** Sibanye Stillwater Ltd SBSW.N: up 7.4% premarket ** Gold Fields Ltd GFI.N: up 10.6% premarket
BUZZ - Gold miners rise as dollar, Treasury yields weaken on Fed rate cut forecast
** Codexis Inc CDXS.O: up 8.6% premarket
BUZZ - Up on licensing agreement with Aldevron
** Apellis Pharmaceuticals Inc APLS.O: down 14.5% premarket
BUZZ - Falls after concerns over eye disease drug approval in EU
** Affirm Holdings Inc AFRM.O: up 2.7% premarket ** Upstart Holdings Inc UPST.O: up 5.6% premarket ** SoFi Technologies Inc SOFI.O: up 2.0% premarket
** Block Inc SQ.N: up 2.3% premarket
BUZZ - Fintech, payment stocks rise after Fed signals policy pivot
** KeyCorp KEY.N: up 3.8% premarket
BUZZ - Rises after Wells Fargo upgrades to Street-high PT
** Exxon Mobil Corp XOM.N: up 1.4% premarket
** Chevron Corp CVX.N: up 1.1% premarket
** Marathon Oil Corp MRO.N: up 1.9% premarket ** Devon Energy Corp DVN.N: up 1.8% premarket
BUZZ - Oil companies rise as IEA lifts 2024 demand forecast
** PG&E Corp PCG.N: up 0.7% premarket
BUZZ - Lifts as remaining Fire Victim Trust stake divested
** Nucor Corp NUE.N: down 0.7% premarket
BUZZ - Falls after lowered fourth-quarter profit outlook
** Occidental Petroleum Corp OXY.N: up 2.6% premarket
BUZZ - Gains as Berkshire Hathaway buys more shares
** Pagaya Technologies Ltd PGY.O: up 9.4% premarket
BUZZ - Rises after Jefferies initiates coverage with 'buy'
** Jabil Inc JBL.N: up 2.4% premarket
BUZZ - Rises after components maker beats Q1 estimates
** Park Hotels & Resorts Inc PK.N: up 2.7% premarket
** Host Hotels & Resorts Inc HST.O: up 2.7% premarket
BUZZ - J.P. Morgan upgrades, raises PTs on lodging REITs
** Live Nation Entertainment Inc LYV.N: up 3.7% premarket
BUZZ - Gains after brokerage upgrades to 'overweight'
** Pembina Pipeline Corp PBA.N: down 3.8% premarket
BUZZ - Falls after deal with Enbridge
** Zions Bancorporation NA ZION.O: up 1.6% premarket
BUZZ - Rises after brokerages raise price targets
(Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)