BUZZ-U.S. STOCKS ON THE MOVE-Google, Terex, Shake Shack, Novavax, Gold
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index e-mini futures fell on Tuesday after China, in a surprise move, devalued the yuan in its latest effort to prop up economic growth. The move strengthened the dollar, which weighed on oil, copper and gold prices.
Dow Jones industrial average futures were down 0.59 percent at 17,449, S&P 500 futures were down 0.52 percent at 2,088.75 and Nasdaq 100 futures were down 0.19 percent at 4,557.25.
** GOOGLE INC A, Monday close $663.14, +6.15 pct premarket
** GOOGLE INC C, Monday close $633.73, +6.04 pct premarket
The company overhauled its operating structure, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising business from newer ventures like driverless cars.
** TEREX CORP, Monday close $21.83, +26.66 pct premarket
The U.S. heavy equipment maker and Finland's Konecranes Abp have agreed on an all-share merger to complement their businesses and achieve cost savings.