Morning Movers: Manchester United gains, Lululemon sinks after quarterly reports

Stock futures were slightly higher ahead of this morning’s jobs report and gains have solidified after it was reported that U.S. nonfarm payrolls rose 139,000 in May and the unemployment rate remained at 4.2%. Commodities are relatively steady; gold is up about 2.3% for the week and oil is holding onto a weekly gain of roughly 3.8%.

Investors are watching labor data and the Consumer Price Index report closely for signals about how they could affect the Fed’s policy path ahead of the June 17-18 meeting.

Meanwhile, Tesla’s stock remains in focus after tumbling about 14% yesterday following a high-profile spat between Elon Musk and President Trump.

In pre-market trading, S&P 500 futures rose 0.78%, Nasdaq futures rose 0.81% and Dow futures rose 0.73%.

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

HIGHER –

• Tesla (TSLA) up 4% after Politico reported signs of a potential truce are emerging in the clash between President Donald Trump and Tesla’s Elon Musk
• Circle (CRCL) up 16% after pricing its upsized initial public offering of 34M shares at a public offering price of $31.00 per share yesterday and rallying to a roughly 169% gain in its first day of trading

UP AFTER EARNINGS –

• Manchester United (MANU) up 6%
• FuelCell (FCEL) up 5%
• Rubrik (RBRK) up 6%

DOWN AFTER EARNINGS –

• G-III Apparel (GIII) down 3%
• American Vanguard (AVD) down 2%
• Lululemon (LULU) down 19%
• DocuSign (DOCU) down 19%
• Broadcom (AVGO) down 2%