Stock Futures Point To Gains To Start Q2; Treasury Yields Rise Following PCE
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Stocks Making the Biggest Moves Premarket
1 minute ago
Gains:
Li Auto Inc. (LI): The Chinese electric vehicle maker’s shares rose nearly 4% after it reported better-than-expected deliveries in March.
3M (MMM): Shares of the industrial conglomerate rose about 3% after completing the spin-off of its healthcare business, Solventum. It also announced the approval of a settlement worth up to $12.5 billion, payable over the next 13 years.
United Parcel Service (UPS): Shares of the delivery company ticked up about 2% after it said it had reached an agreement to become the US Postal Service’s primary air cargo provider.
Losses:
MicroStrategy Inc. (MSTR): Shares of the software company slid about 5% after a regulatory filing showed Executive Chairman Michael Saylor sold almost 4,000 shares last week after a big run-up in the bitcoin bull’s stock.
AT&T Inc. (T): Shares fell more than 2% after the telecom said on Saturday it was investigating a data breach that resulted in millions of customers’ data being leaked onto the dark web.
Stock Futures on Track To Start Q2 Higher
43 minutes ago
Futures contracts connected to the Dow Jones Industrial Average dropped sharply in early trading on Monday, but remained 0.1% higher than Thursday’s close about an hour before markets opened.
