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2021-10-11

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Toplines Before US Market Open on Monday

U.S. stock index futures slipped on Monday as surging commodity prices added to inflation worries, w

Toplines Before US Market Open on Monday

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Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate. Southwest fell 3.1% in premarket trading.\nSoFi Technologies(SOFI) – The fintech company’s stock rallied 3.8% in premarket action after Morgan Stanley initiated coverage with an “overweight” rating, calling it a “powerful revenue growth story” as it gains market share in the consumer finance space.\nApple(AAPL) – Apple asked a judge to delay changes to its App Store that would require it to allow developers to bypass Apple’s in-app payment system. The changes stemmed from the case involving “Fortnite” creator Epic Games and is scheduled to go into effect December 9, but Apple is asking that its appeal be allowed to play out first.\nMerck(MRK) – The drugmaker and partner Ridgeback Biotherapeutics announced the submission of an Emergency Use Authorization application to the Food and Drug Administration for their oral&nbsp;Covid-19 treatment molnupiravir. That follows positive study results that were unveiled earlier this month.\nStarbucks(SBUX) – The coffee chain’s shares added 1.2% in the premarket after Deutsche Bank upgraded the stock to “buy” from “hold,” citing “incredible” U.S. momentum and the prospect of sustained unit growth in China.\nAspen Technology(AZPN) – The industrial software maker announced a deal to merge with two of&nbsp;Emerson Electric’s&nbsp;software businesses in a deal worth approximately $11 billion. The cash-and-stock deal is valued at about $160 per share, with Aspen Technology holders receiving $87 per share in cash and 0.42 shares in the combined company for each share they now own. Aspen Technology had been up nearly 13% over the past two sessions since reports of talks between the two companies first surfaced.\nDeere &amp; Co.(DE) – Workers at the heavy equipment maker represented by the United Auto Workers Union rejected a tentative contract agreement. Union members say they want bigger raises and benefits than those proposed in the rejected six-year deal, based on strong profits for Deere.\nXpeng(XPEV) – The China-based electric vehicle maker said it has surpassed 100,000 cars produced, coming six years after the company launched. Shares rose 1.3% in the premarket, while Chinese rival&nbsp;Nio&nbsp;gained 1.5%.\nConocoPhillips(COP) – The energy producer's shares were downgraded to \"neutral\" from \"buy\" at Goldman Sachs, which cited valuation for the move. The stock has gained 88% this year and was up another 1.3% in the premarket.\nCleveland-Cliffs(CLF) – The steel and iron producer's shares gained 1.8% in premarket trading after it announced the acquisition of iron scrap processor Ferrous Processing and Trading for about $775 million.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Co&nbsp;reporting on Wednesday, followed by Bank of America Corp, Morgan Stanley&nbsp;and Citigroup Inc&nbsp;on Thursday and Goldman Sachs Group Inc&nbsp;on Friday.\nStocks making the biggest moves in the premarket:\nSouthwest Airlines(LUV) – The airline&nbsp;canceled more than 1,800 flights&nbsp;over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate. Southwest fell 3.1% in premarket trading.\nSoFi Technologies(SOFI) – The fintech company’s stock rallied 3.8% in premarket action after Morgan Stanley initiated coverage with an “overweight” rating, calling it a “powerful revenue growth story” as it gains market share in the consumer finance space.\nApple(AAPL) – Apple asked a judge to delay changes to its App Store that would require it to allow developers to bypass Apple’s in-app payment system. The changes stemmed from the case involving “Fortnite” creator Epic Games and is scheduled to go into effect December 9, but Apple is asking that its appeal be allowed to play out first.\nMerck(MRK) – The drugmaker and partner Ridgeback Biotherapeutics announced the submission of an Emergency Use Authorization application to the Food and Drug Administration for their oral&nbsp;Covid-19 treatment molnupiravir. That follows positive study results that were unveiled earlier this month.\nStarbucks(SBUX) – The coffee chain’s shares added 1.2% in the premarket after Deutsche Bank upgraded the stock to “buy” from “hold,” citing “incredible” U.S. momentum and the prospect of sustained unit growth in China.\nAspen Technology(AZPN) – The industrial software maker announced a deal to merge with two of&nbsp;Emerson Electric’s&nbsp;software businesses in a deal worth approximately $11 billion. The cash-and-stock deal is valued at about $160 per share, with Aspen Technology holders receiving $87 per share in cash and 0.42 shares in the combined company for each share they now own. Aspen Technology had been up nearly 13% over the past two sessions since reports of talks between the two companies first surfaced.\nDeere &amp; Co.(DE) – Workers at the heavy equipment maker represented by the United Auto Workers Union rejected a tentative contract agreement. Union members say they want bigger raises and benefits than those proposed in the rejected six-year deal, based on strong profits for Deere.\nXpeng(XPEV) – The China-based electric vehicle maker said it has surpassed 100,000 cars produced, coming six years after the company launched. Shares rose 1.3% in the premarket, while Chinese rival&nbsp;Nio&nbsp;gained 1.5%.\nConocoPhillips(COP) – The energy producer's shares were downgraded to \"neutral\" from \"buy\" at Goldman Sachs, which cited valuation for the move. The stock has gained 88% this year and was up another 1.3% in the premarket.\nCleveland-Cliffs(CLF) – The steel and iron producer's shares gained 1.8% in premarket trading after it announced the acquisition of iron scrap processor Ferrous Processing and Trading for about $775 million.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AZPN":"艾斯本",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","GS":"高盛","MRK":"默沙东","APA":"阿帕契","XOM":"埃克森美孚",".SPX":"S&P 500 Index","CVX":"雪佛龙","NIO":"蔚来","MS":"摩根士丹利","JPM":"摩根大通","DE":"迪尔股份有限公司","LUV":"西南航空","SBUX":"星巴克","BAC":"美国银行","COP":"康菲石油","SOFI":"SoFi Technologies Inc.","XPEV":"小鹏汽车","C":"花旗","CLF":"克利夫兰克里夫"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156360441","content_text":"U.S. stock index futures slipped on Monday as surging commodity prices added to inflation worries, which could cloud the earnings season set to start with Wall Street banks later this week.\nAt 8:00 a.m. ET, Dow e-minis were down 73 points, or 0.21%, S&P 500 e-minis were down 16.75 points, or 0.38%, and Nasdaq 100 e-minis were down 97.25 points, or 0.66%.\n\nRising raw material costs, labor shortages and other supply chain bottlenecks have raised concerns of elevated prices denting corporate profit.\nU.S. oil rose nearly 3% and touched a seven-year high as an energy crisis gripping the major economies showed no sign of easing.\nBut it lifted shares of Chevron Corp, Exxon Mobil Corp and APA Corp between 1.2% and 3% in premarket trading.\nMega-caps Apple Inc, Microsoft Corp and Amazon.com Inc fell between 0.6% and 1%.\nEarnings season will kick off this week, with JPMorgan Chase & Co reporting on Wednesday, followed by Bank of America Corp, Morgan Stanley and Citigroup Inc on Thursday and Goldman Sachs Group Inc on Friday.\nStocks making the biggest moves in the premarket:\nSouthwest Airlines(LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate. Southwest fell 3.1% in premarket trading.\nSoFi Technologies(SOFI) – The fintech company’s stock rallied 3.8% in premarket action after Morgan Stanley initiated coverage with an “overweight” rating, calling it a “powerful revenue growth story” as it gains market share in the consumer finance space.\nApple(AAPL) – Apple asked a judge to delay changes to its App Store that would require it to allow developers to bypass Apple’s in-app payment system. The changes stemmed from the case involving “Fortnite” creator Epic Games and is scheduled to go into effect December 9, but Apple is asking that its appeal be allowed to play out first.\nMerck(MRK) – The drugmaker and partner Ridgeback Biotherapeutics announced the submission of an Emergency Use Authorization application to the Food and Drug Administration for their oral Covid-19 treatment molnupiravir. That follows positive study results that were unveiled earlier this month.\nStarbucks(SBUX) – The coffee chain’s shares added 1.2% in the premarket after Deutsche Bank upgraded the stock to “buy” from “hold,” citing “incredible” U.S. momentum and the prospect of sustained unit growth in China.\nAspen Technology(AZPN) – The industrial software maker announced a deal to merge with two of Emerson Electric’s software businesses in a deal worth approximately $11 billion. The cash-and-stock deal is valued at about $160 per share, with Aspen Technology holders receiving $87 per share in cash and 0.42 shares in the combined company for each share they now own. Aspen Technology had been up nearly 13% over the past two sessions since reports of talks between the two companies first surfaced.\nDeere & Co.(DE) – Workers at the heavy equipment maker represented by the United Auto Workers Union rejected a tentative contract agreement. Union members say they want bigger raises and benefits than those proposed in the rejected six-year deal, based on strong profits for Deere.\nXpeng(XPEV) – The China-based electric vehicle maker said it has surpassed 100,000 cars produced, coming six years after the company launched. Shares rose 1.3% in the premarket, while Chinese rival Nio gained 1.5%.\nConocoPhillips(COP) – The energy producer's shares were downgraded to \"neutral\" from \"buy\" at Goldman Sachs, which cited valuation for the move. The stock has gained 88% this year and was up another 1.3% in the premarket.\nCleveland-Cliffs(CLF) – The steel and iron producer's shares gained 1.8% in premarket trading after it announced the acquisition of iron scrap processor Ferrous Processing and Trading for about $775 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}