financetom
Market
financetom
/
Market
/
Investors Look Ahead to PMI, Home Price Data as US Futures Tread Water in Friday's Premarket
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investors Look Ahead to PMI, Home Price Data as US Futures Tread Water in Friday's Premarket
Jan 24, 2025 5:33 AM

08:10 AM EST, 01/24/2025 (MT Newswires) -- US stock futures were treading water in Friday's premarket session ahead of a slate of economic data coming out later in the morning

The Dow Jones Industrial Average futures were down 0.25%, S&P 500 futures were off 0.11%, and Nasdaq futures were edging 0.06% lower.

Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 0.59% and 0.58% respectively.

Investors will be looking ahead to the manufacturing and services and purchasing managers' index readings, as well as existing home sales data coming out later in the morning.

In equities shares of Allurion Technologies ( ALUR/WS ) soared 380% after the company said overnight that it plans to initiate a combination clinical study to improve muscle mass and overall body composition. Evaxion Biotech ( EVAX ) shares shot up 128%, piling on to a 53% gain on Thursday. And Starbox Group's ( STBX ) stock jumped 81% more than erasing an 18% loss the previous session.

On the losing side, shares of EZCORP ( EZPW ) plunged 43% after closing flat on Thursday. Jupiter Neurosciences' ( JUNS ) stock shed 20%, adding to a 60% loss the previous day. And shares of Ctrl Group ( MCTR ) dropped 18%, paring back its 57% gain from Thursday.

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 >
Sector Update: Financial
Sector Update: Financial
Jul 10, 2024
03:28 PM EDT, 07/10/2024 (MT Newswires) -- Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index adding 0.3% and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index climbed 1.9% and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.3%. Bitcoin (BTC-USD) fell 0.9% to $57,499, and the yield for...
Sector Update: Tech
Sector Update: Tech
Jul 10, 2024
03:34 PM EDT, 07/10/2024 (MT Newswires) -- Tech stocks rose late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 1.2% and the SPDR S&P Semiconductor ETF (XSD) gaining 2.3%. The Philadelphia Semiconductor index climbed 2.3%. In corporate news, Alphabet (GOOG) shelved its effort to buy HubSpot ( HUBS ) , Bloomberg reported Wednesday. HubSpot ( HUBS )...
Nikola Regains Compliance With Nasdaq Listing Rules, Shares Inch Higher
Nikola Regains Compliance With Nasdaq Listing Rules, Shares Inch Higher
Jul 10, 2024
Nikola Corporation ( NKLA ) shares are getting a bit of a lift in extended trading Wednesday after the company announced it successfully regained compliance with Nasdaq listing rules. What To Know: Nikola ( NKLA ) said in a new filing that it received written notice from the Nasdaq on Wednesday informing the company that it regained compliance with listing...
S&P 500, Nasdaq Close at Record Highs Ahead of CPI Report
S&P 500, Nasdaq Close at Record Highs Ahead of CPI Report
Jul 10, 2024
04:27 PM EDT, 07/10/2024 (MT Newswires) -- The S&P 500 and the Nasdaq Composite closed at new all-time highs Wednesday as Federal Reserve Chair Jerome Powell reiterated that price pressures were likely easing, while markets awaited consumer inflation data for June, scheduled for Thursday. The technology-heavy Nasdaq jumped 1.2% to 18,647.5, while the S&P 500 rose 1% to 5,633.9. The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved