Stock futures are experiencing gains, driven by positive developments in international trade and the technology sector. President Donald Trump announced a “full and comprehensive” trade agreement with the United Kingdom, marking a significant step in easing trade tensions. Although U.K. officials describe it as a preliminary framework, the deal has been well-received by investors, signaling potential progress in global trade relations. Additionally, the administration’s reported plans to change the rules on AI chip exports have boosted semiconductor stocks.
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In commodities, Bitcoin is approaching $99,500, while oil prices have increased and gold prices have declined. Treasury yields are also on the rise, reflecting investor optimism about the economic outlook.
In pre-market trading, S&P 500 futures rose 0.58%, Nasdaq futures rose 0.92% and Dow futures rose 0.39%.
Check out this morning’s top movers from around Wall Street, compiled by The Fly.
UP AFTER EARNINGS –
- Tapestry (TPR) up 9%
- Papa John’s (PZZA) up 3%
- Crocs (CROX) up 2%
- Sunrun (RUN) up 13%
- MercadoLibre (MELI) up 8%
DOWN AFTER EARNINGS –
- Shopify (SHOP) down 7%
- Peloton (PTON) down 8%
- Altice USA (ATUS) down 4%
- Warner Bros. Discovery (WBD) down 2%
- Planet Fitness (PLNT) down 1%
- Arm (ARM) down 8%
- Zillow Group (ZG) down 3%
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