S&P 500 Index futures are up 0.6% at 7:49 a.m. in New York, signaling a modest rebound for stocks after Friday’s slide.
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Nasdaq 100 futures rise 1.2%
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Dow Jones Industrial Average futures are up 0.3%
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The MSCI World Index is down 0.2%
Here are some of the biggest US movers before the bell:
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Magnificent Seven stocks:
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Nvidia (NVDA) +2%, Tesla (TSLA) +1.6%, Meta Platforms (META) +0.7%, Amazon (AMZN) +1%, Apple (AAPL) +0.5%, Microsoft (MSFT) -0.07%, Alphabet (GOOGL) -0.4%
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Energy stocks and fertilizer stocks are rising, while travel stocks are falling, as a fresh flare-up in Iran-Israel hostilities threatened the Middle East ceasefire and lifted oil prices.
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Campbell’s (CPB) rises 1% after the food company reported adjusted earnings per share for the third quarter that beat the average analyst estimate.
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Eli Lilly (LLY) gains 1.6% following obesity drug presentations at the American Diabetes Association conference.
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Ingredion Inc. (INGR) slips about 1% after agreeing to buy Tate & Lyle Plc for $3.6 billion, in a move that marks the end of the UK company’s near-century on the London Stock Exchange.
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Nurix Therapeutics (NRIX) is up 25% after Roche agreed to pay the clinical-stage biopharmaceutical company as much as $2.3 billion for rights to an experimental blood-cancer drug.
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Marvell (MRVL) climbs 9% and Flex (FLEX) rises 4% as the companies are set to replace Pool Corp. and Campbell’s in the S&P 500 before the market open on June 22.
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Wix.com (WIX) falls 15% after the web-platform said it expects an approximately $50m reduction in bookings in 2026 as a result of a new organizational realignment program as well as a more pronounced slowdown in the growth of its Partners business, beyond previous expectations.
