🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

CVS Health, Ford, McCormick and Nio rise premarket; Boeing falls

Published 01/10/2024, 12:58
© Reuters.
BA
-
F
-
MKC
-
CVS
-
TSLA
-
NIO
-
LI
-
XPEV
-

Investing.com -- US stock futures traded mostly lower Tuesday, ahead of the release of more important economic data.

Here are some of the biggest premarket US stock movers today

  • CVS Health (NYSE:CVS) stock rose 2.2% after Reuters reported that the health care company is reportedly mulling options that would include the breaking up of its retail and insurance divisions.

  • Ford (NYSE:F) stock rose 2.4% after Goldman Sachs upgraded it stance on the auto giant to “buy” from “neutral”, citing margin opportunity from growing software and services mix.

  • Boeing (NYSE:BA) stock fell 0.6% after Bloomberg reported that the aircraft manufacturer was considering raising at least $10 billion by selling new stock.

  • Trump Media & Technology Group (NASDAQ:DJT) stock rose 5.2% after the operator of the social media platform Truth Social announced today that its custom-built content delivery network is now operating from multiple sites across the country.

  • Nio (NYSE:NIO) stock rose 4.5%, Li Auto (NASDAQ:LI) stock gained 3.7% and Xpeng (NYSE:XPEV) stock lifted 3.5% after the Chinese EV manufacturers reported growth in vehicle deliveries during September and the third quarter of 2024.

  • McCormick (NYSE:MKC) stock rose 1.8% after the spice maker raised its annual earnings forecast after posting better-than-expected third-quarter results.

  • Tesla (NASDAQ:TSLA) stock rose 0.5% ahead of reporting third-quarter deliveries on Wednesday, with analysts expecting an 8% jump from a year ago.

  • ZIM Integrated Shipping Services (NYSE:ZIM) stock fell 5.1% as a strike by US dockworkers shut a number of ports.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.