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U.S.-Listed Greenland Stocks Surge After Trump Announces Security Deal With Denmark
Shares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal on security arrangements for the Arctic territory.
Shares of Greenland Energy soared more than 154% during premarket trading, with Greenland Mines up more than 70% and Critical Metals Corp nearly 27% higher.
The agreement, which is expected to be signed during the United Nations General Assembly this week, will see the U.S., Denmark, and Greenland enter into a pact to develop a significant military presence in the territory while blocking Washington’s adversaries from building their own bases there.
Dow, S&P 500, Nasdaq Futures Rise as Oil Prices Slip
US stock futures rose on Friday morning as investors continued to adjust to the Federal Reserve's first rate hike in three years and concerns about artificial intelligence's capabilities.
Futures on the Dow Jones Industrial Average (YM=F) rose 0.1%, the S&P 500 (ES=F) edged up 0.2%, and the Nasdaq-100 (NQ=F) climbed 0.4%.
Stocks rebounded on Thursday, driven by gains in tech stocks and supported by falling oil prices and bond yields. Markets appeared to look past the Fed's widely expected 25-basis-point rate hike this week. US stock futures continued to climb after the Bank of Japan raised interest rates to their highest level in 31 years.
Aethlon Medical & North Immunology Announce Merger. Stock Soars 370% in Pre-Market
Aethlon Medical, Inc. (Nasdaq: AEMD) announced a definitive all-stock merger agreement with North Immunology, Inc., a privately held biotechnology company developing bispecific antibodies for immune and inflammatory diseases.
The combined company plans to advance NOR-101, a potentially best-in-class, half-life-extended IL-13 x IL-18 bispecific antibody being developed for atopic dermatitis and other immune-mediated diseases.
Anticipation Builds With Fed Expected to Hike Interest Rates for First Time in 3 Years
The Federal Reserve's September policy meeting kicked off Tuesday morning, with markets overwhelmingly expecting the Fed to raise interest rates by 25 basis points on Wednesday amid persistently high inflation.
Such a move would mark the Fed's first increase in the federal funds rate since 2023, when the central bank concluded its post-pandemic hiking campaign. However, inflation has remained above the Fed's 2% target for more than five years, with the war in the Middle East serving as the latest driver of higher prices.
Dow, S&P 500, Nasdaq Futures Retreat Ahead Of Fed Meeting Amid AI Safety Fears
US stock futures edged lower on Tuesday morning as investors braced for the Federal Reserve's interest rate decision on Wednesday and monitored the fallout from Anthropic CEO Dario Amodei's essay on AI safety concerns.
Futures on the Dow Jones Industrial Average led the decline, falling 0.6%, while S&P 500 futures fell 0.5% and Nasdaq-100 futures dropped 0.7%.
Dow, S&P 500, Nasdaq Futures Fall as Anthropic's AI Warning Spooks Tech Traders, Oil Prices Jump
US stock futures sank on Monday morning after two leading frontier artificial intelligence companies called for an industrywide slowdown in AI development, sending tech stocks tumbling. Rising oil prices and an upcoming Fed meeting this week also put pressure on stocks.
Dow, S&P 500, Nasdaq Head For A Losing Week With Key Inflation Report On Deck
U.S. stock futures wobbled in premarket trading on Friday as investors braced for inflation data that could either solidify or undermine rising expectations that the Federal Reserve will raise interest rates next week.
Futures tied to the Dow Jones Industrial Average rose 0.5%, while S&P 500 futures also gained 0.5%. Nasdaq-100 contracts edged 0.6% higher after the major indexes extended their losing streak to four days. All three major indexes were on track to post weekly declines.
Dow, S&P 500, Nasdaq Futures Look to Snap 3-Day Losing Streak as Oil Pauses Rally
US stock futures diverged on Thursday morning as a rally in oil prices took a breather and investors awaited wholesale inflation data and Oracle earnings.
Futures on the Dow Jones Industrial Average rose 0.1%, while those on the S&P 500 added 0.1%. Contracts for the Nasdaq-100, meanwhile, slipped 0.1%.
Dow, S&P 500, Nasdaq Futures Rise as Investors Shrug Off Middle East Tensions
US stock futures rose after three days of declines as investors assessed tensions in the Middle East and earnings from tech companies such as Broadcom (AVGO) and Snowflake (SNOW).
Dow, S&P 500, Nasdaq Futures Fall As US-Iran War Escalates, Inflation Jitters Return
US stock futures edged lower in premarket trading on Wednesday as rising oil prices and bond yields weighed on markets.