Advertisement
U.S. markets close in 5 hours 54 minutes
  • S&P 500

    5,253.31
    +4.82 (+0.09%)
     
  • Dow 30

    39,769.30
    +9.22 (+0.02%)
     
  • Nasdaq

    16,409.29
    +9.77 (+0.06%)
     
  • Russell 2000

    2,121.61
    +7.26 (+0.34%)
     
  • Crude Oil

    82.39
    +1.04 (+1.28%)
     
  • Gold

    2,223.70
    +11.00 (+0.50%)
     
  • Silver

    24.65
    -0.11 (-0.43%)
     
  • EUR/USD

    1.0814
    -0.0015 (-0.14%)
     
  • 10-Yr Bond

    4.2100
    +0.0140 (+0.33%)
     
  • dólar/libra

    1.2644
    +0.0006 (+0.05%)
     
  • USD/JPY

    151.2570
    +0.0110 (+0.01%)
     
  • Bitcoin USD

    71,003.32
    +1,858.73 (+2.69%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,962.93
    +30.95 (+0.39%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Facebook, Wells Fargo Fall Premarket; Ford, Chevron Rise

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Tuesday, September 28th. Please refresh for updates.

Facebook (NASDAQ:FB) stock fell 1.6%, Apple (NASDAQ:AAPL) stock fell 1.7% and Amazon (NASDAQ:AMZN) stock dropped 1.6%, all sensitive to the outlook for interest rates, and all vulnerable to profit-taking after more than doubling since the depths of the pandemic 18 months ago.

Wells Fargo (NYSE:WFC) stock fell 0.7% after Morgan Stanley (NYSE:MS) downgraded its stance on Wells Fargo, the top performing large-cap banking stock in the second quarter in 2021, to ‘equal-weight’ from ‘overweight’, citing regulatory issues.

Mastercard (NYSE:MA) stock fell 0.8% following the decision of the credit card giant to enter the competitive “buy now, pay later” market, announcing a new program called “Mastercard Installments” for U.S., Australian and U.K. markets.

Ford (NYSE:F) stock rose 3.7% following the car giant’s announcement of ambitious plans to be a serious player in the electric vehicle market, setting up four factories — three to manufacture batteries and one to make F-series pickups.

Chevron (NYSE:CVX) stock rose 1.1%, Exxon Mobil (NYSE:XOM) stock rose 1.1%, Occidental Petroleum (NYSE:OXY) stock rose 1.9%, Devon Energy (NYSE:DVN) stock climbed 2.4% and Diamondback (NASDAQ:FANG) stock rose 2.2%, receiving a boost from rising prices for oil and gas prices.

Acceleron Pharma (NASDAQ:XLRN) stock rose 2.9% after the Wall Street Journal reported that Merck was in advanced talks to buy the company, bolstering the pharmaceutical giant’s rare-disease business.

Scientific Games (NASDAQ:SGMS) stock rose 4% after Endeavor Group agreed to buy an online sports-betting business from the game developer for $1.2 billion in cash and stock.

Huntsman (NYSE:HUN) stock rose 4.8% after hedge fund Starboard Value took an 8.4% stake in the chemical maker, calling the shares undervalued.

Related Articles

Facebook, Wells Fargo Fall Premarket; Ford, Chevron Rise

Sanofi ditches mRNA COVID-19 vaccine after rivals' success

EU executive urges VW to compensate all EU consumers over Dieselgate

Advertisement