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U.S. stocks were set to open lower on Wednesday, halting a four-day run of gains after the United States threatened to impose tariffs on an additional $200 billion worth of Chinese goods, dampening hopes of a compromise on trade.
At 9:02 ET, Dow e-minis were down 0.90 percent at 24,703. S&P 500 e-minis were down 0.67 percent at 2,778, while Nasdaq 100 e-minis were down 0.76 percent at 7,245.75. The top three NYSE percentage gainers premarket: ** Avon Products Inc, up 5.3 pct ** Lithium Americas Corp, up 5.2 pct ** Enzo Biochem Inc, up 4.7 pct The top three NYSE percentage losers premarket: ** Celanese Corp, down 11.8 pct ** MGIC Investment Corp, down 10.6 pct ** Micro Focus International, down 9.6 pct The top three Nasdaq percentage gainers premarket: ** Mer Telemanagement Solutions Ltd, up 53.5 pct ** Achieve Life Sciences Inc, up 46.4 pct ** MagneGas Corp, up 27.1 pct The top three Nasdaq percentage losers premarket: ** Liberty Tripadvisor Holdings Inc, down 30.2 pct ** Citius Pharmaceuticals Inc, down 21 pct ** Voxx International Corp, down 14.4 pct ** Alibaba Group: down 1.6 pct premarket ** JD.com Inc: down 1.9 pct premarket ** Baidu Inc: down 1.9 pct premarket ** Huya Inc: down 2.5 pct premarket ** Vipshop Holdings Ltd: down 3.7 pct premarket ** iQIYI Inc: down 2.9 pct premarket ** Bilibili Inc: down 1.8 pct premarket BUZZ-China ETF, US-listed Chinese firms slide on new tariffs threat ** ArQule Inc: down 8.8 pct premarket BUZZ-Drops on stock deal ** TripAdvisor Inc: up 2.9 pct premarket BUZZ-Barclays ups to “overweight” ** Achieve Life Sciences Inc: up 46.4 pct premarket BUZZ-Surges on smoke cessation treatment update ** Sempra Energy: down 3.0 pct premarket BUZZ-Lower on $1.6 bln stock, convertible offerings ** American Airlines Group Inc: down 1.7 pct premarket BUZZ-Cuts forecast for key performance metric ** Conn’s Inc: up 2.8 pct premarket BUZZ-Up after Stifel says ‘buy’ ** Fastenal Co: up 6.1 pct premarket ** MSC Industrial Direct Co Inc: down 5.2 pct premarket BUZZ-Industrial product distributors: Fastenal tops results, MSC misses ** Scynexis Inc: up 17.6 pct premarket BUZZ-Surges after yeast infection drug meets main goal ** Pfizer Inc: down 0.2 pct premarket BUZZ-Pfizer to delay drug price hike after talk with Trump, shares fall BUZZ-Buy volume-driven AbbVie, Lilly over price-reliant Pfizer -SunTrust ** National Storage Affiliates Trust: down 4.2 pct premarket BUZZ-Slips on stock offering ** Asterias Biotherapeutics Inc: up 22.6 pct premarket BUZZ-Jumps as safety committee updates on cancer drug (Compiled by Uday Sampath in Bengaluru)