Morning Movers: Pinterest, Lyft jump following quarterly results

Stock futures are modestly higher, extending gains from earlier in the week as optimism around global trade continues to lift sentiment.

Investors are reacting positively to President Trump’s recent announcement of a trade agreement with the United Kingdom. Markets are also watching for further developments between the U.S. and China, as momentum around rolling back some tariffs appear to be progressing.

Meanwhile, Bitcoin briefly topped $100,000 for the first time since February, fueled by retreating trade fears and a broader risk-on mood in markets.

In pre-market trading, S&P 500 futures rose 0.35%, Nasdaq futures rose 0.41% and Dow futures rose 0.25%.

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

UP AFTER EARNINGS –

• Federal Agricultural Mortgage (AGM) up 4%
• TXNM Energy (TXNM) up 2%
• Telus (TU) up 1%
• uniQure (QURE) up 1%
• Construction Partners (ROAD) up 1%
• EchoStar (SATS) up 1%
• Starwood Property (STWD) up 1%
• Pinterest (PINS) up 13%
• Lyft (LYFT) up 10%
• Cloudflare (NET) up 9%

DOWN AFTER EARNINGS –

• Sylvamo (SLVM) down 5%
• Anika Therapeutics (ANIK) down 5%
• Par Technology (PAR) down 5%
• Kymera Therapeutics (KYMR) down 1%
• Plains All American (PAA) down 1%
• Globus Medical (GMED) down 13%
• Expedia (EXPE) down 10%
• Monster Beverage (MNST) down 3%