Tag: NYSE:MMM
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Friday’s Wall Street Highlights: Applied Materials, ChargePoint, Amazon, Gap, IBM, and more
U.S. index futures are up in pre-market trading on Friday, signaling an optimistic weekly close for the three major indexes, which are heading for their third consecutive week of gains. At 06:04 AM, Dow Jones futures (DOWI:DJI) rose 76 points, or 0.22%. S&P 500 futures rose 0.20% and Nasdaq-100 futures rose 0.02%. The yield on…
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Tuesday’s Wall Street Highlights: Coinbase, Intel, Redfin, Barclays, General Dynamics, GE, and more
US index futures are rising in pre-market trading this Tuesday, reflecting the relief in US interest rates that occurred yesterday, as well as economic activity data in the Eurozone and Japan. Investors are eager for information on corporate results and developments in the Israel-Hamas conflict. At 06:56 AM, Dow Jones futures (DOWI: DJI) rose by…
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Wednesday’s Wall Street Highlights: Apple, Intel, Cal-Maine, A10 Networks, and more
US index futures are slightly down in Wednesday’s pre-market, following a challenging session that pushed the Dow Jones into negative territory for the year 2023. Signs of stabilization emerge as Treasury yields firm up, and the dollar, after climbing to a 10-month peak against the G10 currencies, stabilizes. At 06:42 AM, Dow Jones futures (DOWI:DJI)…
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Tuesday’s Wall Street Highlights: Ford Motor, Coty, JPMorgan, Merck, Tesla, AIG, and more
US index futures are down in Tuesday’s pre-market, reflecting the ongoing risk aversion observed in recent days. Investors are concerned about the prospect of higher interest rates for an extended period and are closely monitoring developments both in China and the United States. In addition to the trajectory of Treasury rates, which has been a…
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Keep An Eye Out: Pre-Market Movers And Recommendations
3M (NYSE:MMM): Melius Research maintains its hold recommendation with a reduced target price of $158. Adobe (NASDAQ:ADBE): RBC Capital maintains its outperform rating with a raised target price of $615. Air Products & Chemicals (NYSE:APD): Alembic Global Advisors maintains its overweight recommendation with a target price raised from $350 to $355. Block (NYSE:SQ): Baird downgrades…
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3M Agrees To Pay $6 billion To Settle Lawsuits Over U.S. Military Earmuffs
On Monday, 3M (NYSE:MMM) agreed to pay $6.01 billion to settle nearly 260,000 lawsuits brought by current and former members of the US military who claim to have suffered hearing loss due to the use of the company’s earplugs, according to a person familiar with the matter. The settlement comes after a failed attempt by…
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Keep An Eye Out: Pre-Market Movers And Recommendations
AT&T (NYSE:T): Citi upgrades to buy from neutral. PT up 20% to $17. Celanese (NYSE:CE): Piper Sandler downgrades to underweight from neutral. PT down 7.8% to $112. Forward Air (NASDAQ:FWRD): Jefferies upgrades to buy from hold. PT up 20% to $85. Hersha Hospitality (NYSE:HT): Barclays upgrades to equal-weight from underweight. PT up 2.1% to $10.…
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Tuesday’s Wall Street Highlights: Alphabet, Verizon, Joann, Intel, Catalent, and more
US Index Futures are marginally lower in Tuesday’s premarket, awaiting important economic data, which may define the trajectory of interest rates around the world. By 6:51 AM, Dow Jones futures (DOWI:DJI) were down 7 points, or 0.02%. S&P 500 futures were down 0.01% and Nasdaq-100 futures were down 0.01%. The 10-year Treasury yield was at 4.21%. On…
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Monday’s Wall Street Highlights: Jabil, Xpeng, 3M, Hostess Brands, and more
US index futures are higher in premarket trading on Monday, amid the start of the last trading week in August with a quieter global schedule. By 6:50 AM, Dow Jones (DOWI:DJI) futures were up 77 points, or 0.22%. S&P 500 futures were up 0.15% and Nasdaq-100 futures were up 0.25%. The 10-year Treasury yield was at 4.233%. On…
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Wednesday’s Wall Street Highlights: Nvidia, Apellis Pharmaceuticals, UPS, AMC, and more
US Index Futures are trading higher in the pre-market session on Wednesday, a day set for the release of a global sector economic activity indicator and ahead of Nvidia’s earnings (NASDAQ:NVDA) and the Jackson Hole symposium, which begins tomorrow. As of 06:46 AM, Dow Jones futures (DOWI:DJI) were up 71 points or 0.21%. S&P 500…