Stock index futures in the United States are rising this morning as investors bet key U.S. inflation data could influence the Federal Reserve’s next policy moves. The modest rebound follows a turbulent week marked by concerns over escalating trade tensions and slowing global economic growth.
In the commodities market, gold prices are gaining ground, supported by a softer dollar and falling U.S. Treasury yields. Meanwhile, oil prices remain under pressure amid ongoing concerns about rising supply and the impact of tariffs on global demand. Traders are closely monitoring OPEC+ production plans and broader geopolitical developments as uncertainty continues to weigh on energy markets.
In pre-market trading, S&P 500 futures rose 1.06%, Nasdaq futures rose 1.47% and Dow futures rose 0.6%.
Check out this morning’s top movers from around Wall Street, compiled by The Fly.
UP AFTER REPORT OF TSMC PITCH OF INTEL FOUNDRY JV –
- Intel (INTC) up 5%
- Nvidia (NVDA) up 4%
- Broadcom (AVGO) up 3%
- AMD (AMD) up 2%
- Qualcomm (QCOM) up 1%
- TSMC (TSM) up 1%
UP AFTER EARNINGS –
- MagnaChip (MX) up 11%
- Smith Douglas Homes (SDHC) up 8%
- OptimizeRx (OPRX) up 8%
- Sprinklr (CXM) up 8%
- ABM (ABM) up 5%
- Arcos Dorados (ARCO) up 3%
- Groupon (GRPN) up 24%
- Casey’s General Stores (CASY) up 3%
DOWN AFTER EARNINGS –
- iRobot (IRBT) down 35%
- Solo Brands (DTC) down 28%
- Hello Group (MOMO) down 10%
- Amarin (AMRN) down 5%
- Vivid Seats (SEAT) down 1%
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC pitches Intel foundry JV to U.S. chipmakers, Reuters reports
- TSMC Proposes JV with NVDA, AMD, and AVGO to Operate Intel’s U.S. Foundries
- Meta Platforms (META) Rattles Rivals By Testing Its First In-House AI Training Chip
- Jefferies global semis analysts hold analyst/industry conference call
- TSMC says February chip sales up 43.1% from same month last year
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