US Market Preview | YMAT Surges 205.4%; OKLO Jumps 10% After Nabs DOE Plutonium Deal; SpaceX IPO May Spark Lawsuits; Micron Rises on AI Demand
J-Star Holding YMAT | 0.00 | |
Nocera NCRA | 0.00 | |
Axiom Intelligence Acquisition Corporation 1 Rights - For Shares AXINR | 0.00 | |
QTREX Quantum QTEX | 0.00 | |
BiomX PHGE | 0.00 |
Most Important News
- Oklo Nabs DOE Plutonium Deal
- SpaceX IPO May Spark Lawsuits
- Micron stock rises on AI demand
US stock futures rose on Tuesday as traders weighed the prospects of a potential U.S.-Iran deal being reached to end the war.
Dow Jones Industrial Average(DJI.US) futures popped 258 points, or 0.5%. S&P 500 index(SPX.US) futures gained 0.7%, and NASDAQ-100(NDX.US) futures advanced 1.2%. U.S. stock markets were closed Monday due to the Memorial Day holiday.
President Donald Trump said Monday that talks with Iran to end the war were “proceeding nicely.” That said, he did warn the U.S. could go on the offensive if negotiations break down.
On top of that, the U.S. said it conducted “self defense” strikes in southern Iran early Tuesday. Some of those targets included missile launch sites and Iranian boats attempting to place mines, U.S. Central Command spokesman Tim Hawkins said. He added that the U.S. used “restraint during the ongoing ceasefire” between the two countries.
U.S. crude came off its lows following the strikes, with West Texas Intermediate futures for July trading 4% lower to $92 per barrel. Brent, meanwhile, traded 3% higher on the day at $99 per barrel.
“The consensus view still assumes there will be some type of a détente formally reached within the next few days between Washington and Tehran, which means the real question is how much of this is already priced in?,” wrote Adam Crisafulli of Vital Knowledge.
As of 03:50 PM Riyadh Time, top pre-market movements are as follows:
Change | Price(US$) | Ticker (🌙 means "Shariah Compliant") | Additional Information |
205.4% | 1.39 | J-Star Holding Co., Ltd. Class A(YMAT.US) | - |
131.6% | 0.44 | Axiom Intelligence Acquisition Corporation 1 Rights - For Shares(AXINR.US) | - |
123.1% | 0.55 | 🌙 Nocera, Inc.(NCRA.US) | Expanded financing facility for strategic transformation. |
92.6% | 1.4 | QTREX Quantum Ltd.(QTEX.US) | Stock traded substantially higher by 140.0% on last trading day |
89.8% | 1.55 | 🌙 BiomX Inc.(PHGE.US) | After rising over 10% on Friday. |
70.4% | 0.76 | Linkage Global(UZX.US) | Share repurchase program approved for $8 million.; Stock added considerably 29.3% on last trading day |
65.4% | 12.21 | MOMENTUS INC(MNTS.US) | - |
53.8% | 1.83 | 🌙 Artelo Biosciences Inc(ARTL.US) | - |
50.5% | 0.47 | Outlook Therapeutics, Inc.(OTLK.US) | - |
26.6% | 32.78 | Hemab Therapeutics Holdings, Inc.(COAG.US) | Initiated Buy rating with $36 price target by Goldman Sachs analyst. |
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| Riyadh Time | Event | Previous Value | Forecast Value |
| 03:30 PM | Chicago Fed National Activity Index | -0.20 | -0.3 |
| 04:00 PM | S&P/Case-Shiller Home Price YoY | 0.9% | 1.1% |
| 04:00 PM | House Price Index | 441.4 | 441.8 |
| 04:00 PM | House Price Index MoM | 0% | 0.1% |
| 04:00 PM | House Price Index YoY | 1.7% | 1.8% |
| 04:00 PM | S&P/Case-Shiller Home Price MoM | 0.4% | 0.5% |
| 05:30 PM | Dallas Fed Manufacturing Index | -2.3 | -1 |
| 06:30 PM | 3-Month Bill Auction | 3.600% | |
| 06:30 PM | 6-Month Bill Auction | 3.615% | |
| 08:00 PM | 2-Year Note Auction | 3.812% | |
| 08:00 PM | Money Supply | $22.69T |