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Wall Street Set to Open Mixed Friday as Investors Look to End Week on High Note
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Wall Street Set to Open Mixed Friday as Investors Look to End Week on High Note
Oct 18, 2024 6:56 AM

09:19 AM EDT, 10/18/2024 (MT Newswires) -- US stocks look set to open mixed on Friday ahead of a relatively light day on the economic calendar.

Housing starts data were released earlier in the morning, while the Baker Hughes rig count figures will come out later in the day. Investors are also looking ahead to speeches Friday from Atlanta Federal Reserve President Raphael Bostic and Minneapolis Fed President Neel Kashkari.

Dow Jones Industrial Average futures were off 0.15%, S&P 500 futures were up 0.25%, and Nasdaq futures were rising 0.56%.

Oil prices were moving lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 0.52% and 0.55%, respectively.

In other world markets, Japan's Nikkei gained 0.18%, Hong Kong's Hang Seng soared 3.61%, and China's Shanghai Composite jumped 2.91%. In Europe's early afternoon session, the UK's FTSE 100 was off 0.28%, while Germany's DAX and France's CAC were up 0.34% and 0.75%, respectively.

In equities, shares of Catheter Precision ( VTAK ) soared 165% in Friday's premarket session after a 2.3% gain on Thursday. Safe (SOBR) shares jumped 94% following a slight gain the previous day. Shares of Pineapple Energy ( PEGY ) advanced 54% after it reported in a regulatory filing late Thursday that it has terminated the lease for its principal corporate office, which it said will save it approximately $17,500 per month, or $210,000 a year, in associated rent.

On the losing side, shares of Orgenesis ( ORGS ) plunged 37% after the company said Nasdaq will delist its shares because it is not in compliance with listing rules. Shares of NuZee ( NUZE ) tumbled 31% after skyrocketing 546% the previous session when it said it established offices in Singapore, Hong Kong, Mainland China and other regions to develop its global business. And shares of MGP Ingredients ( MGPI ) fell 19% after it lowered its 2024 adjusted EPS and sales outlook Thursday.

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