US Stock Futures Update
Investing.com — US stock futures traded marginally lower Monday, starting the week cautiously ahead of the release of key inflation data.
Biggest Premarket US Stock Movers
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Macy’s (NYSE:M): Stock rose 3.4% after activist investor Barington Capital urged creating a real estate unit and considering options for Bloomingdale's and Bluemercury after acquiring an undisclosed stake.
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Tesla (NASDAQ:TSLA): Stock increased by 2.3% after Deutsche Bank named it a top pick for 2025, citing leadership in autonomous driving and resilience against industry challenges.
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Nvidia (NASDAQ:NVDA): Stock fell 2% amid China investigating alleged anti-monopoly violations, viewed as retaliation against US chip restrictions.
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Advanced Micro Devices (NASDAQ:AMD): Stock decreased by 1.5% after Bank of America downgraded it to ‘neutral’ from ‘buy’, noting risks to its 2025 outlook.
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Nokia (HE:NOKIA): ADRs rose 3.6% as JPMorgan upgraded the stock to ‘overweight’ from ‘neutral’, indicating optimism about its future performance.
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Workday (NASDAQ:WDAY): Stock surged 8.9%, and Apollo Global Management (NYSE:APO) gained 5.8% as both are set to join the S&P 500 index later this month.
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Interpublic Group (NYSE:IPG): Stock advanced by 15% following reports that Omnicom is in advanced talks to acquire the advertising company.
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