Trump raises tariff demands in EU trade talks to 15-20% - FT
Investing.com - U.S. stock index futures were choppy on Monday, as investors took some caution as they gauged the fallout from weekend U.S. strikes on Iranian nuclear facilities.
Here’s a look at some of the biggest premarket U.S. stock movers today:
- Shares in oil stocks, including Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX), jumped in the wake of the attacks, mirroring an uptick in crude prices. Traders have expressed worries that the conflict between Iran, Israel and now the U.S. could impact global oil and gas supplies, particularly through the critical Strait of Hormuz along Iran’s southern coast.
- Tesla (NASDAQ:TSLA) shares edged higher after the group launched its driverless taxi service for some riders.
- Estee Lauder (NYSE:EL) shares inched higher following an upgrade by Deutsche Bank (ETR:DBKGn), which highlighted a move by the cosmetics firm to diversify the business beyond China.
- Circle Internet Group (NYSE:CRCL) surged by more than 5%, buoyed by the U.S. Senate passing stablecoin measures last week that marked a watershed moment for the cryptocurrency industry.
- Chinese electric carmaker Li Auto (NASDAQ:LI) said it would introduce a new SUV later this year, bolstering shares.
- Northern Trust (NASDAQ:NTRS) shares gained following a Wall Street Journal report that Bank of New York Mellon (NYSE:BK) had approached the company over a potential merger.
- Compass Pathways (NASDAQ:CMPS) shares slumped after the drugmaker said a late-stage study had shown that its experimental psilocybin-based therapy had helped significantly reduce symptoms of difficult-to-treat depression.