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U.S. stock index futures jumped over 5% on Friday after the S&P 500 and Dow posted their worst sessions since the 1987 “Black Monday” crash, lifted by hopes of a U.S. stimulus package to contain the economic damage of the coronavirus pandemic.
At 8:05 a.m. ET, Dow e-minis were up 5.26% at 22,195. S&P 500 e-minis were up 5.10% at 2,595, while Nasdaq 100 e-minis were up 5.65% at 7,622.75. The top three NYSE percentage gainers premarket: ** Pennsylvania Real Estate Investment Trust, up 45.1% ** Noble Corp, up 41.7% ** Itau Unibanco Holding SA, up 36.3% The top three NYSE percentage losers premarket: ** Zuora Inc, down 12.7% ** North American Construction Group Ltd, down 7.1% ** McEwen Mining Inc, down 5.7% The top Nasdaq percentage gainers premarket: ** Opko Health Inc, up 50.0% ** Thermogenesis Holdings Inc, up 44.9% The top three Nasdaq percentage losers premarket: ** Tiziana Life Sciences Plc, down 18.3% ** Inovio Pharmaceuticals Inc, down 17.1% ** Supercom Ltd, down 15.5% ** Slack Technologies Inc: down 4.8% premarket BUZZ-Falls on bleak forecast; PT cuts ** Adobe Inc: up 7.0% premarket BUZZ-Street View: Still confident on Adobe’s market leadership ** Oracle Corp: up 9.1% premarket BUZZ-Street View: Coronavirus outbreak limits Oracle’s visibility despite strong Q3 ** World Wrestling Entertainment Inc: up 5.0% premarket BUZZ-Coronavirus not Achilles heel, may boost streaming service - analyst ** TransEnterix Inc: up 19.2% premarket BUZZ-Rises after FDA clearance of machine vision system (Compiled by C Nivedita in Bengaluru)