U.S. STOCKS ON THE MOVE-Guess?, Astera Labs, Commercial Metals

Guess?

21/03/2024 13:13

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Wall Street's main stock indexes were set to open higher on Thursday as chip
stocks rallied following Micron Technology's upbeat forecast, while investors
took comfort in the Federal Reserve sticking to its three-rate-cut view for this
year.  .N 
    
    At 9:01 ET, Dow e-minis  1YMc1  were up 0.30% at 40,060. S&P 500 e-minis
 ESc1  were up 0.47% at 5,311.75, while Nasdaq 100 e-minis  NQc1  were up 0.94%
at 18,652.75.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** Lufax Holdng Adr  LU , up 38.9%
 ** Guess? Inc  GES , up 14.3%
 ** Forge Global Holdings   FRGE.K , up 9.3%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Designr Brand Inc  DBI , down 14.5%
 ** MIX Telematics Ltd  MIXT.K , down 10.2%
 ** Accenture Plc  ACN , down 6.2%
 
 The top three Nasdaq percentage gainers premarket  .PRPG.O :
 ** Yield10 Bioscience Inc  YTEN.O , up 125.1%
 ** Asset Entities Inc  ASST.O , up 77.9%
 ** Kaival Brands Innovations Group Inc  KAVL.O , up 63.2%
 
 The top Nasdaq percentage loser premarket  .PRPL.O :
 ** Movella Holdings Inc  MVLA.O , down 59.1%
 
 
 ** Goldman Sachs Group Inc  GS.N : up 0.5% premarket
 ** JPMorgan Chase & Co  JPM.N : up 0.4% premarket
 BUZZ - Among brokerages doubling down on Fed rate cuts from June  urn:newsml:reuters.com:*:nL3N3FZ1M8 

 ** Broadcom Inc  AVGO.O : up 2.9% premarket
 ** Micron Technology Inc  MU.O : up 17.2% premarket
 BUZZ - Gains on strong Micron results, TD Cowen upgrade on AI bet  urn:newsml:reuters.com:*:nL3N3FZ2IH 
    
 ** Five Below Inc  FIVE.O : down 11.6% premarket
 BUZZ - Tumbles on downbeat 2024 forecasts  urn:newsml:reuters.com:*:nL3N3FZ2M2 
    
** Newmont Corp  NEM.N : up 2.1% premarket
** Barrick Gold Corp  GOLD.N : up 2.0% premarket
 ** Sibanye Stillwater Ltd  SBSW.N : up 2.4% premarket
** AngloGold Ashanti Ltd  AU.N : up 2.0% premarket
 BUZZ - Gold miners climb as Fed sticks to 2024 rate cut view  urn:newsml:reuters.com:*:nL3N3FZ2NQ 
    
 ** Guess? Inc  GES.N : up 14.3% premarket
 BUZZ - Climbs after Q4 results beat estimates  urn:newsml:reuters.com:*:nL3N3FZ2Q6 
    
 ** Darden Restaurants Inc  DRI.N : down 5.6% premarket
 BUZZ - Falls after annual sales forecast cut  urn:newsml:reuters.com:*:nL3N3FZ2VJ 
    
 ** Comstock Resources Inc  CRK.N : up 1.2% premarket
 BUZZ - Up as majority shareholder commits $100.5 mln investment  urn:newsml:reuters.com:*:nL3N3FZ320 
    
 ** Designer Brands Inc  DBI.N : down 14.5% premarket
 BUZZ - Drops after swinging to quarterly loss  urn:newsml:reuters.com:*:nL3N3FZ32W 
    
 ** Academy Sports and Outdoors Inc  ASO.O : down 11.2% premarket
 BUZZ - Falls on downbeat annual sales forecast  urn:newsml:reuters.com:*:nL3N3FZ35P 
    
 ** FactSet Research Systems Inc  FDS.N : down 2.4% premarket
 BUZZ - Falls after Q2 revenue miss  urn:newsml:reuters.com:*:nL3N3FX3Q7 
    
 ** Astera Labs Inc  ALAB.O : up 5.7% premarket
 BUZZ - Rises after stellar debut  urn:newsml:reuters.com:*:nL2N3FZ183 
    
 ** Commercial Metals Co  CMC.N : up 4.7% premarket
 BUZZ - Rises after Q2 profit beat  urn:newsml:reuters.com:*:nL3N3FZ36E 

 (Rajarshi Roy and Jaiveer Singh Shekhawat in Bengaluru)
 ((Jaiveersingh.shekhawat@thomsonreuters.com))