Morning Movers: Signet Jewelers and Dollar General surge following Q1 results

Stock market futures are trending lower in early trading as investor sentiment is being weighed down by renewed global economic concerns and trade-related policy developments. The OECD lowered its U.S. GDP forecast to 1.6% for 2025 and 1.5% for 2026, citing uncertainty around trade and ongoing tariff policies. These revisions reflect a broader slowdown, with global GDP projected to hover near 2.9% over the next two years.

Meanwhile, oil prices are up again, supported by Canadian wildfire-related supply disruptions and a weaker U.S. dollar, which has also influenced currency markets and commodity pricing. Bitcoin remains strong, trading above $105,000, while gold prices are sliding as investors reduce exposure to traditional safe-haven assets. Treasury yields are also falling, suggesting a shift toward more defensive positioning in response to economic headwinds. Investors are now watching closely for this week’s upcoming economic data releases, including the May jobs report, along with remarks expected from Fed Chair Jerome Powell, which may provide clearer direction on interest rate policy in the second half of the year.

In pre-market trading, S&P 500 futures fell 0.18%, Nasdaq futures fell .11% and Dow futures fell 0.20%.

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

HIGHER –

• Constellation Energy (CEG) up 10% after the company and Meta (META) signed a 20-year power purchase agreement for the output of the Clinton Clean Energy Center with 1,121 megawatts of emissions-free nuclear energy
• Hims & Hers (HIMS) up 5% after announcing its agreement to acquire Zava

UP AFTER EARNINGS –

• Signet Jewelers (SIG) up 16%
• Citi Trends (CTRN) up 16%
• Ferguson (FERG) up 14%
• Dollar General (DG) up 9%
• Donaldson (DCI) up 4%

DOWN AFTER EARNINGS –

• Nio (NIO) down 3%
• Ollie’s Bargain Outlet (OLLI) down 2%

LOWER –

• Bumble (BMBL) down 6% after JPMorgan downgraded the stock to Underweight with an unchanged price target of $5