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U.S. stock index futures edged higher on Wednesday, as benchmark bond yields tumbled on fears of a global recession and expectations of interest rate cuts by central banks.
At 7:24 ET, Dow e-minis were up 0.18% at 26,845. S&P 500 e-minis were up 0.23% at 2,986.5, while Nasdaq 100 e-minis were up 0.32% at 7,863.5. The top three NYSE percentage gainers premarket: ** OMNOVA Solutions Inc, up 55.3% ** Lannett Company Inc, up 5.4% ** Iamgold Corp, up 5.1% The top NYSE percentage losers premarket: ** Canopy Growth Corp, down 3.6% ** Pioneer Energy Services Corp, down 2.8% The top three Nasdaq percentage gainers premarket: ** SELLAS Life Sciences Group Inc, up 34.5% ** Fuelcell Energy Inc, up 29.6% ** Symantec Corp, up 18.8% The top three Nasdaq percentage losers premarket: ** SG Blocks Inc, down 15.7% ** Unum Therapeutics Inc, down 15.5% ** Cytori Therapeutics Inc, down 11.6% ** OMNOVA Solutions Inc: up 55.3% premarket BUZZ- To be bought by Synthomer, shares surge ** Canopy Growth Corp: down 3.6% premarket BUZZ- Falls after co-CEO Bruce Linton’s surprise exit ** Tesla Inc: up 7.4% premarket ** Nio Inc: up 2.5% premarket BUZZ-Tesla shares on pace to hit two-month high after bumper deliveries ** Fiat Chrysler Automobiles NV: up 2.2% premarket BUZZ- Up 3% after strong U.S. sales data ** Bandwidth Inc: up 1.4% premarket BUZZ- J.P. Morgan initiates with “overweight” ** Inogen Inc: down 2.4% premarket BUZZ-JPM cuts to ‘underweight’, cites near-term pressures ** Symantec Corp: up 18.8% premarket ** Broadcom Inc: down 4.2% premarket BUZZ-Symantec Corp: Soars on report of sale to Broadcom ** Advaxis Inc: down 10.4% premarket BUZZ-Down after proposed stock and warrants offering ** Merck & Co Inc: up 0.4% premarket BUZZ-Mizuho starts Merck with “buy”, highest PT on Street (Compiled bby Dominic Roshan K.L in Bengaluru)
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