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2021-05-24

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Toplines Before US Market Open on Monday

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The Dow and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> also headed toward a higher open. Technology stocks outperformed as Treasury yields retreated.At 8:05 a.m. ET, Dow E-minis were up 116 points, or 0.34%, S&amp;P 500 E-minis were up 19 points, or 0.46% and Nasdaq 100 E-minis were up 83.75 points, or 0.62%.<img src=\"https://static.tigerbbs.com/f707792877c9b7a292adc0d6b2c8d11f\" tg-width=\"700\" tg-height=\"248\" referrerpolicy=\"no-referrer\">*Source From Tiger Trade, EST 08:05Bitcoin (BTC-USD) prices steadied to rise by more than 3%, after the largest cryptocurrency by market cap endured an extended streak of selling over the weekend. At their worst point during the past week's worth of selling, Bitcoin prices were off by more than 50% from their peak of more than $64,800 from mid-April. Ethereum (ETH-USD), the second largest cryptocurrency, also recovered some recent losses Monday morning, with prices up more than 7% to over $2,300.The three major indexes are heading into this week following a multi-week stretch of volatile trading. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> have become increasingly jittery about the prospects of elevated, lasting inflation during the post-pandemic economic recovery. These concerns have hit growth stocks like technology companies especially hard, with the Amazon- and Tesla-heavy consumer discretionary sector down 5.2% in the S&amp;P 500 over the past month, and the information technology sector off by 4.4%.Stocks making the biggest moves in the premarket:<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>– Virgin Galactic soared 20.5% in premarket trading after itheld a successful test flightover the weekend of its SpaceShipTwo craft. Virgin's first manned space flight in more than two years successfully reached space 50 minutes after takeoff from Las Cruces, <a href=\"https://laohu8.com/S/NGD\">New</a> Mexico, before returning to earth.<a href=\"https://laohu8.com/S/MLM\">Martin Marietta Materials</a> – Martin Marietta struck a deal to buy the California and Arizona assets of Germany's HeidelbergCement for $2.3 billion in cash. The construction materials company will acquire 17 quarries and two cement plants as part of the deal, among other assets.Cabot&nbsp;Oil &amp; Gas(COG) – Cabot and rival oil and natural gas producerCimarex Energy(XEC) agreed to an all-stock merger of equals valued at $7.35 billion. <a href=\"https://laohu8.com/S/XEC\">Cimarex</a> shareholders will receive a little over four shares of Cabot for each share they now own. Cabot shares added 1.9% in premarket trading, while Cimarex stock was up 0.4%.CureVac(CVAC) – The drugmaker is working to expand production capacity for its Covid-19 vaccine in anticipation of a June European Union approval, according to a company spokeswoman quoted in a German newspaper.Moderna(MRNA) – Moderna struck a vaccine production agreement with South Korea's Samsung Biologics, in a move it said will allow it to provide its Covid-19 vaccine to markets outside the <a href=\"https://laohu8.com/S/UBNK\">United</a> States beginning in the third quarter. Its shares climbed 1.6% in premarket action.<a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a>– AMC's largest shareholder, <a href=\"https://laohu8.com/S/CAAS\">China</a>'s Dalian Wanda Group, sold most of its stake in the movie theater operator over the past week. A Securities and Exchange Commission filing shows Dalian Wanda sold 30.4 million shares for about $427 million. AMC shares rose 1.5% in the premarket.GlaxoSmithKline(GSK) – The British government is concerned about a possible takeover of GlaxoSmithKline, according to the Times of London newspaper, and has asked officials to monitor the situation. The concern was sparked by an investment in Glaxo by activist hedge fund Elliott Management.<a href=\"https://laohu8.com/S/HPQ\">HP Inc</a>.– The computer and printer maker's shares rallied 2.3% in premarket action after Citi upgraded it to \"buy\" from \"neutral.\" Citi expects HP to beat consensus Street forecasts and raise its outlook when it reports later this week, as it benefits from upbeat fundamentals in the PC space.Coinbase(COIN) – Coinbase remains on watch as the operator of the largest U.S. cryptocurrency exchange continues to trade in a volatile manner, reflecting wide swings in the digital currencies. It rose 2.3% in premarket trading after a newly initiated \"buy\" rating at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, which notes the company's leading position in a rapidly expanding market.Beyond Meat(BYND) – The maker of plant-based meat alternatives received a double upgrade at Jefferies to \"outperform\" from \"underperform,\" based on an expected recovery in organic growth and rebounding foodservice channels. Beyond Meat gained 3.7% in premarket action.<a href=\"https://laohu8.com/S/DG\">Dollar General</a> – The discount retailer's shares fell 1.4% in the premarket after <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> Securities downgraded the stock to \"underperform\" from \"neutral.\" The firm notes that Dollar <a href=\"https://laohu8.com/S/BGC\">General</a> stock historically has been pressured in times of rising gasoline prices, and that customer traffic could be hurt by rebounding use of gas station convenience stores.Palantir Technologies(PLTR) – The data analytics platform company won a $32.5 million contract to provide its software to the <a href=\"https://laohu8.com/S/AIRI\">Air</a> Force and Space Force. 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The Dow and <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> also headed toward a higher open. Technology stocks outperformed as Treasury yields retreated.At 8:05 a.m. ET, Dow E-minis were up 116 points, or 0.34%, S&amp;P 500 E-minis were up 19 points, or 0.46% and Nasdaq 100 E-minis were up 83.75 points, or 0.62%.<img src=\"https://static.tigerbbs.com/f707792877c9b7a292adc0d6b2c8d11f\" tg-width=\"700\" tg-height=\"248\" referrerpolicy=\"no-referrer\">*Source From Tiger Trade, EST 08:05Bitcoin (BTC-USD) prices steadied to rise by more than 3%, after the largest cryptocurrency by market cap endured an extended streak of selling over the weekend. At their worst point during the past week's worth of selling, Bitcoin prices were off by more than 50% from their peak of more than $64,800 from mid-April. Ethereum (ETH-USD), the second largest cryptocurrency, also recovered some recent losses Monday morning, with prices up more than 7% to over $2,300.The three major indexes are heading into this week following a multi-week stretch of volatile trading. <a href=\"https://laohu8.com/S/ISBC\">Investors</a> have become increasingly jittery about the prospects of elevated, lasting inflation during the post-pandemic economic recovery. These concerns have hit growth stocks like technology companies especially hard, with the Amazon- and Tesla-heavy consumer discretionary sector down 5.2% in the S&amp;P 500 over the past month, and the information technology sector off by 4.4%.Stocks making the biggest moves in the premarket:<a href=\"https://laohu8.com/S/SPCE\">Virgin Galactic</a>– Virgin Galactic soared 20.5% in premarket trading after itheld a successful test flightover the weekend of its SpaceShipTwo craft. Virgin's first manned space flight in more than two years successfully reached space 50 minutes after takeoff from Las Cruces, <a href=\"https://laohu8.com/S/NGD\">New</a> Mexico, before returning to earth.<a href=\"https://laohu8.com/S/MLM\">Martin Marietta Materials</a> – Martin Marietta struck a deal to buy the California and Arizona assets of Germany's HeidelbergCement for $2.3 billion in cash. The construction materials company will acquire 17 quarries and two cement plants as part of the deal, among other assets.Cabot&nbsp;Oil &amp; Gas(COG) – Cabot and rival oil and natural gas producerCimarex Energy(XEC) agreed to an all-stock merger of equals valued at $7.35 billion. <a href=\"https://laohu8.com/S/XEC\">Cimarex</a> shareholders will receive a little over four shares of Cabot for each share they now own. Cabot shares added 1.9% in premarket trading, while Cimarex stock was up 0.4%.CureVac(CVAC) – The drugmaker is working to expand production capacity for its Covid-19 vaccine in anticipation of a June European Union approval, according to a company spokeswoman quoted in a German newspaper.Moderna(MRNA) – Moderna struck a vaccine production agreement with South Korea's Samsung Biologics, in a move it said will allow it to provide its Covid-19 vaccine to markets outside the <a href=\"https://laohu8.com/S/UBNK\">United</a> States beginning in the third quarter. Its shares climbed 1.6% in premarket action.<a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a>– AMC's largest shareholder, <a href=\"https://laohu8.com/S/CAAS\">China</a>'s Dalian Wanda Group, sold most of its stake in the movie theater operator over the past week. A Securities and Exchange Commission filing shows Dalian Wanda sold 30.4 million shares for about $427 million. AMC shares rose 1.5% in the premarket.GlaxoSmithKline(GSK) – The British government is concerned about a possible takeover of GlaxoSmithKline, according to the Times of London newspaper, and has asked officials to monitor the situation. The concern was sparked by an investment in Glaxo by activist hedge fund Elliott Management.<a href=\"https://laohu8.com/S/HPQ\">HP Inc</a>.– The computer and printer maker's shares rallied 2.3% in premarket action after Citi upgraded it to \"buy\" from \"neutral.\" Citi expects HP to beat consensus Street forecasts and raise its outlook when it reports later this week, as it benefits from upbeat fundamentals in the PC space.Coinbase(COIN) – Coinbase remains on watch as the operator of the largest U.S. cryptocurrency exchange continues to trade in a volatile manner, reflecting wide swings in the digital currencies. It rose 2.3% in premarket trading after a newly initiated \"buy\" rating at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, which notes the company's leading position in a rapidly expanding market.Beyond Meat(BYND) – The maker of plant-based meat alternatives received a double upgrade at Jefferies to \"outperform\" from \"underperform,\" based on an expected recovery in organic growth and rebounding foodservice channels. Beyond Meat gained 3.7% in premarket action.<a href=\"https://laohu8.com/S/DG\">Dollar General</a> – The discount retailer's shares fell 1.4% in the premarket after <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> Securities downgraded the stock to \"underperform\" from \"neutral.\" The firm notes that Dollar <a href=\"https://laohu8.com/S/BGC\">General</a> stock historically has been pressured in times of rising gasoline prices, and that customer traffic could be hurt by rebounding use of gas station convenience stores.Palantir Technologies(PLTR) – The data analytics platform company won a $32.5 million contract to provide its software to the <a href=\"https://laohu8.com/S/AIRI\">Air</a> Force and Space Force. Its shares rose 1% in premarket trading.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121978485","content_text":"Stocks pointed to a higher open Monday morning and looked to recover some of last week's losses.Contracts on the S&P 500 rose by about 0.5% after ending last week lower. The Dow and Nasdaq also headed toward a higher open. Technology stocks outperformed as Treasury yields retreated.At 8:05 a.m. ET, Dow E-minis were up 116 points, or 0.34%, S&P 500 E-minis were up 19 points, or 0.46% and Nasdaq 100 E-minis were up 83.75 points, or 0.62%.*Source From Tiger Trade, EST 08:05Bitcoin (BTC-USD) prices steadied to rise by more than 3%, after the largest cryptocurrency by market cap endured an extended streak of selling over the weekend. At their worst point during the past week's worth of selling, Bitcoin prices were off by more than 50% from their peak of more than $64,800 from mid-April. Ethereum (ETH-USD), the second largest cryptocurrency, also recovered some recent losses Monday morning, with prices up more than 7% to over $2,300.The three major indexes are heading into this week following a multi-week stretch of volatile trading. Investors have become increasingly jittery about the prospects of elevated, lasting inflation during the post-pandemic economic recovery. These concerns have hit growth stocks like technology companies especially hard, with the Amazon- and Tesla-heavy consumer discretionary sector down 5.2% in the S&P 500 over the past month, and the information technology sector off by 4.4%.Stocks making the biggest moves in the premarket:Virgin Galactic– Virgin Galactic soared 20.5% in premarket trading after itheld a successful test flightover the weekend of its SpaceShipTwo craft. Virgin's first manned space flight in more than two years successfully reached space 50 minutes after takeoff from Las Cruces, New Mexico, before returning to earth.Martin Marietta Materials – Martin Marietta struck a deal to buy the California and Arizona assets of Germany's HeidelbergCement for $2.3 billion in cash. The construction materials company will acquire 17 quarries and two cement plants as part of the deal, among other assets.Cabot Oil & Gas(COG) – Cabot and rival oil and natural gas producerCimarex Energy(XEC) agreed to an all-stock merger of equals valued at $7.35 billion. Cimarex shareholders will receive a little over four shares of Cabot for each share they now own. Cabot shares added 1.9% in premarket trading, while Cimarex stock was up 0.4%.CureVac(CVAC) – The drugmaker is working to expand production capacity for its Covid-19 vaccine in anticipation of a June European Union approval, according to a company spokeswoman quoted in a German newspaper.Moderna(MRNA) – Moderna struck a vaccine production agreement with South Korea's Samsung Biologics, in a move it said will allow it to provide its Covid-19 vaccine to markets outside the United States beginning in the third quarter. Its shares climbed 1.6% in premarket action.AMC Entertainment– AMC's largest shareholder, China's Dalian Wanda Group, sold most of its stake in the movie theater operator over the past week. A Securities and Exchange Commission filing shows Dalian Wanda sold 30.4 million shares for about $427 million. AMC shares rose 1.5% in the premarket.GlaxoSmithKline(GSK) – The British government is concerned about a possible takeover of GlaxoSmithKline, according to the Times of London newspaper, and has asked officials to monitor the situation. The concern was sparked by an investment in Glaxo by activist hedge fund Elliott Management.HP Inc.– The computer and printer maker's shares rallied 2.3% in premarket action after Citi upgraded it to \"buy\" from \"neutral.\" Citi expects HP to beat consensus Street forecasts and raise its outlook when it reports later this week, as it benefits from upbeat fundamentals in the PC space.Coinbase(COIN) – Coinbase remains on watch as the operator of the largest U.S. cryptocurrency exchange continues to trade in a volatile manner, reflecting wide swings in the digital currencies. It rose 2.3% in premarket trading after a newly initiated \"buy\" rating at Goldman Sachs, which notes the company's leading position in a rapidly expanding market.Beyond Meat(BYND) – The maker of plant-based meat alternatives received a double upgrade at Jefferies to \"outperform\" from \"underperform,\" based on an expected recovery in organic growth and rebounding foodservice channels. Beyond Meat gained 3.7% in premarket action.Dollar General – The discount retailer's shares fell 1.4% in the premarket after Bank of America Securities downgraded the stock to \"underperform\" from \"neutral.\" The firm notes that Dollar General stock historically has been pressured in times of rising gasoline prices, and that customer traffic could be hurt by rebounding use of gas station convenience stores.Palantir Technologies(PLTR) – The data analytics platform company won a $32.5 million contract to provide its software to the Air Force and Space Force. Its shares rose 1% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/131226590"}