Pre-market sentiment was predominantly positive on US stock markets, suggesting an environment of moderate confidence among investors.
On the NYSE , about 55% of stocks, or 1,036 companies, rose, while 551, or about 29%, fell, and 265 remained flat.
On the Nasdaq , the outlook also showed a slight upward bias. Approximately 53% of listed companies, or 1,789 companies, were trading in the green, compared with 1,254 (nearly 37%) in decline and 294 unchanged.
Largest NYSE premarket swings
The three biggest premarket gainers on the NYSE were led by Canadian graphite miner Nouveau Monde Graphite Inc (NYSE:NMG), which surged 14.53%. Close behind, semiconductor maker Wolfspeed Inc (NYSE:WOLF) posted an 11.99% gain, while biopharmaceutical Annovis Bio Inc (NYSE:ANVS) surged 10.13% following positive clinical trial news.
The steepest declines were at Italian sports car maker Ferrari NV (NYSE:RACE), which fell 12.51% after lower-than-expected quarterly results. Metals and galvanizing manufacturer AZZ Inc (NYSE:AZZ) fell 12.03%, and real estate developer St. Joe Company (NYSE:JOE) lost 10.50% premarket.
Nasdaq’s biggest premarket swings
The three biggest premarket gainers on Nasdaq were led by rapid diagnostic test developer Bluejay Diagnostics Inc (NASDAQ:BJDX), which soared 102.14%. Next, Chinese digital advertising company Baosheng Media Group Holdings Ltd (NASDAQ:BAOS) surged 44.12%, while biopharmaceutical company Galecto Inc (NASDAQ:GLTO), focused on fibrosis and cancer therapies, surged 43.00%.
The biggest declines on the Nasdaq were recorded by Chinese pharmaceutical company Universe Pharmaceuticals Inc (NASDAQ:UPC), which plummeted 33.40%. Technology and online services company Lucas GC Ltd (NASDAQ:LGCL) fell 30.02%, followed by investment company AlphaTON Capital Corporation (NASDAQ:ATON), which fell 25.66%.
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