Morning Movers: Clearwater, Bill jump after reports of takeover interest

Stock futures are up this morning, pointing to growing investor optimism as news mounts that the U.S. federal government shutdown is likely resolving. The U.S. House of Representatives is expected to restore funding after several weeks of stalemate, which had clouded economic visibility and policy clarity.

With that overhang easing, global equities rose. European markets hit record highs and U.S. stock futures are pointing toward a positive open.

Currency and foreign-exchange markets added nuance. The Japanese yen fell to nine-month lows, complicating global flows, while safe-haven assets like gold remain firm as some investors remain cautious.

In pre-market trading, S&P 500 futures rose 0.33%, Nasdaq futures rose 0.60% and Dow futures rose 0.22%.

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

HIGHER –

• Clearwater Analytics (CWAN) up 10% after Bloomberg reported the company is considering a potential sale after receiving takeover interest
• Bill Holdings (BILL) up 12% after Bloomberg said the company is exploring options, including a potential sale
• AMD (AMD) up 6% after announcing long-term targets at its analyst day event yesterday
• IBM (IBM) up 1% after unveiling the Quantum Nighthawk quantum processor

UP AFTER EARNINGS –

• GlobalFoundries (GFS) up 5%
• On Holdings (ONON) up 1%
• Abeona Therapeutics (ABEO) up 1%

DOWN AFTER EARNINGS –

• Circle Internet (CRCL) down 3%
• Tencent Music (TME) down 2%
• TransDigm (TDG) down 1%