Investing.com — U.S. stock futures fell Wednesday, with investors concerned that the Federal Reserve may keep interest rates elevated for longer than previously expected.
Here are some of the biggest premarket U.S. stock movers today:
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Nvidia (NASDAQ:) stock rose 0.4%, continuing to climb after the tech giant’s hefty 7% gains the previous session.
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American Airlines (NASDAQ:) stock sank 8.8% after it cut its second-quarter earnings forecast on a more subdued outlook on travel demand.
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Robinhood (NASDAQ:) stock rose 2.1% after the trading platform unveiled a stock buyback of $1 billion.
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Marathon Oil (NYSE:) stock rose 7.4% after energy giant ConocoPhillips (NYSE:), down 3.7%, agreed to buy the Houston-based company, in an all-stock deal worth $17.1 billion that would strengthen the company’s shale assets.
- Salesforce (NYSE:) stock fell 0.5% ahead of the release of the business software group’s fiscal first quarter earnings after the bell, with Wall Street likely on the lookout for updates on the business software group’s Data Cloud division.
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Dick’s Sporting Goods (NYSE:) stock rose 8.2% after the retailer raised its full-year guidance after customers spent more on new sneakers and athletic gear at its big-box stores.
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BHP Group (NYSE:) ADRs rose 1.9% after the mining giant asked for more time to hold talks with Anglo American (JO:), subsequently denied by Anglo, as a deadline for a formal offer loomed large.
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CAVA Group (NYSE:) stock fell 3.4% after the Mediterranean food chain reported a decline in customer traffic in the first quarter, overshadowing the raising of its annual sales outlook.
From: investing.com
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