financetom
Market
financetom
/
Market
/
Investors Look Ahead to Key Inflation Data as US Futures Tread Water in Tuesday's Premarket
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investors Look Ahead to Key Inflation Data as US Futures Tread Water in Tuesday's Premarket
Dec 10, 2024 5:39 AM

08:16 AM EST, 12/10/2024 (MT Newswires) -- US stock futures are treading water in Tuesday's premarket session as investors look ahead to key inflation data coming out Wednesday morning, including the monthly and weekly consumer price index and core CPI readings.

Dow Jones Industrial Average futures were off 0.1%, S&P 500 futures were edging 0.08% higher, and Nasdaq futures were up 0.2%.

Oil prices were moving lower, with front-month global benchmarks North Sea Brent crude declining 0.3% at $71.94 per barrel and US West Texas Intermediate crude declining 0.3% at $68.18 per barrel.

In equities, shares of Chimerix ( CMRX ) soared 198% in Tuesday's premarket session after the biotech firm said Monday that before the end of the year it will submit a New Drug Application with the US Food and Drug Administration for accelerated approval of dordaviprone to treat recurrent H3 K27M-mutant diffuse glioma. Cumberland Pharmaceuticals ( CPIX ) shares jumped 130% after it said Tuesday the FDA approved a supplemental NDA for acetadote to prevent or lessen liver injury after ingesting potentially toxic amounts of acetaminophen. And shares of Interactive Strength ( TRNR ) surged 27% after it said Tuesday that it has regained compliance with Nasdaq's minimum bid price rule.

On the losing side, shares of Biora Therapeutics ( BIOR ) tumbled 46% after it said in a regulatory filing Tuesday that it will be delisted from Nasdaq for failing to comply with its market value of listed securities requirement, effective Wednesday. MEDIROM Healthcare Technologies ( MRM ) shares shed 39% after it said late Monday that it has launched a public offering of 2,860,000 American Depositary Shares at $1.75 each for gross proceeds of approximately $5 million. And shares of Radiopharm Theranostics ( RADX ) fell 23%, adding to Monday's 51% loss.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of Key Inflation Reading
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of Key Inflation Reading
Aug 12, 2025
08:26 AM EDT, 08/12/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% lower in Tuesday's premarket activity as investors await the July inflation data. US stock futures were also lower, with S&P 500 Index futures down 0.1%, Dow Jones...
US stock index futures rise after July inflation data
US stock index futures rise after July inflation data
Aug 12, 2025
(Reuters) - U.S. stock index futures rose on Tuesday after largely in-line consumer prices data kept bets of a Federal Reserve interest rate cut in September in tact. A Labor Department report showed the Consumer Price Index (CPI) rose 0.2% on a monthly basis in July, versus the 0.2% increase forecast by economists polled by Reuters. Annually, it stood at...
Lithium Argentina Down in US Pre-market on New JV With Ganfeng
Lithium Argentina Down in US Pre-market on New JV With Ganfeng
Aug 12, 2025
08:02 AM EDT, 08/12/2025 (MT Newswires) -- Lithium Argentina ( LAR ) traded 3% lower at last look Tuesday in NYSE pre-market trading after it agreed to form a joint venture with Ganfeng Lithium Group to consolidate their assets in Argentina. The joint venture will own Ganfeng's Pozuelos-Pastos Grandes project as well as Lithium Argentina's ( LAR ) Pastos Grandes...
Upcoming Inflation Report Stifles US Equity Futures Pre-Bell
Upcoming Inflation Report Stifles US Equity Futures Pre-Bell
Aug 12, 2025
08:01 AM EDT, 08/12/2025 (MT Newswires) -- US equity futures were little changed pre-bell Tuesday as traders looked ahead to a key inflation report. Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all nearly flat. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.5% at $66.31 per barrel and US West...
Copyright 2023-2026 - www.financetom.com All Rights Reserved