U.S. STOCKS Cassava Sciences, Wave Life Sciences, Bumble
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Wall Street was set for a marginally higher open on Friday after data underscored the narrative that price pressures were cooling, raising expectations that the Federal Reserve's next move might be another outsized interest rate cut. .N
At 9:06 ET, Dow e-minis 1YMc1 were up 0.15% at 42,618. S&P 500 e-minis ESc1 were up 0.16% at 5,813.5, while Nasdaq 100 e-minis NQc1 were up 0.19% at 20,384.
The top two NYSE percentage gainers premarket .PRPG.NQ:
** Nine Energy Service, Inc <NINE.K>, up 12.5%
** IonQ, Inc <IONQ.K>, up 10.8%
The top three NYSE percentage losers premarket .PRPL.NQ:
** Methode Electronics, Inc <MEI>, down 6.9%
** MeridianLink, Inc <MLNK.K>, down 6%
** OneConnect Financial Technology <OCFT.K>, down 6.2%
The top two Nasdaq percentage gainers premarket .PRPG.O:
** Onconetix, Inc <ONCO.O>, up 87.2%
** CN Energy Group Inc <CNEY.O>, up 77.6%
** Bristol Myers Squibb Co BMY.N: up 3.6% premarket
BUZZ - Gains as FDA approves its schizophrenia drug nL4N3L90PE
** Alibaba Group Holding Ltd BABA.N: up 1.1% premarket ** JD.com Inc JD.O: up 3.1% premarket ** PDD Holdings Inc PDD.O: up 3.55% premarket ** Li Auto Inc LI.O: up 0.9% premarket
BUZZ - China ADRs extend their rally on latest stimulus push nL4N3L90PU
** Cassava Sciences Inc SAVA.O: down 11.7% premarket
BUZZ - Falls after SEC charges co for misleading Alzheimer's drug trial claims nL4N3L90R0
** Costco Wholesale Corp COST.O: down 0.9% premarket
BUZZ - Shares down after Q4 results; brokerages hike PT nL4N3L90RE
** Dollar General Corp DG.N: down 1.5% premarket
BUZZ - Citi downgrades Dollar General citing tough sales recovery as Walmart takes market share nL4N3L90RY
** Salesforce Inc CRM.N: up 0.3% premarket
BUZZ - Wedbush raises Salesforce's PT on positive customer feedback nL4N3L90UH
** Establishment Labs Holdings Inc ESTA.O: up 21.1% premarket
BUZZ - Surges on US FDA nod for Motiva breast implants nL4N3L90TC
** CarMax Inc KMX.N: up 0.8% premarket
BUZZ - Brokerages raise Carmax PT on expectations of recovery in US used car market nL4N3L90US
** Wave Life Sciences Ltd WVE.O: up 3.9% premarket
BUZZ - Rises; JP Morgan resumes coverage with 'overweight' nL4N3K80OP
** IonQ Inc IONQ.N: up 10.8% premarket
BUZZ - Gains on $54.5 mln contract with US Air Force Research La nL4N3L90UQ
** Bumble Inc BMBL.O: down 2.2% premarket
BUZZ - Down after KeyBanc downgrades to 'sector weight' nL4N3L90VZ
** Pagaya Technologies Ltd PGY.O: up 3.0% premarket
BUZZ - Ticks up after exchangeable debt offering boosted nL1N3L90DO
** Campbell Soup Co CPB.O: down 0.3% premarket
BUZZ - DA Davidson downgrades Campbell Soup on tepid volume recovery nL4N3L90ZP
** iShares MSCI Japan ETF EWJ.N: down 1.7% premarket
** JPMorgan BetaBuilders Japan ETF BBJP.N: down 1.6% premarket
BUZZ - Japan-focused ETFs fall after Shigeru Ishiba set to be next PM nL4N3L9105
** Home Depot Inc HD.N: up 0.6% premarket
** Lowe's Companies Inc LOW.N: up 0.7% premarket
BUZZ - TD Cowen raises PT on Home Depot, Lowe's on interest rate cut optimism nL4N3L90ZF
(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)
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