Dow Falls Over 100 Points; Netflix Posts Upbeat Results

US stocks look set to open mixed on Friday ahead of a relatively light day on the economic calendar.

Housing starts data were released earlier in the morning, while the Baker Hughes rig count figures will come out later in the day. Investors are also looking ahead to speeches Friday from Atlanta Federal Reserve President Raphael Bostic and Minneapolis Fed President Neel Kashkari.

Dow Jones Industrial Average futures were off 0.15%, S&P 500 futures were up 0.25%, and Nasdaq futures were rising 0.56%.

Oil prices were moving lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 0.52% and 0.55%, respectively.

In other world markets, Japan's Nikkei gained 0.18%, Hong Kong's Hang Seng soared 3.61%, and China's Shanghai Composite jumped 2.91%. In Europe's early afternoon session, the UK's FTSE 100 was off 0.28%, while Germany's DAX and France's CAC were up 0.34% and 0.75%, respectively.

In equities, shares of Catheter Precision soared 165% in Friday's premarket session after a 2.3% gain on Thursday. Safe S shares jumped 94% following a slight gain the previous day. Shares of Pineapple Energy advanced 54% after it reported in a regulatory filing late Thursday that it has terminated the lease for its principal corporate office, which it said will save it approximately $17,500 per month, or $210,000 a year, in associated rent.

On the losing side, shares of Orgenesis plunged 37% after the company said Nasdaq will delist its shares because it is not in compliance with listing rules. Shares of NuZee tumbled 31% after skyrocketing 546% the previous session when it said it established offices in Singapore, Hong Kong, Mainland China and other regions to develop its global business. And shares of MGP Ingredients fell 19% after it lowered its 2024 adjusted EPS and sales outlook Thursday.

Shares of Intuitive Surgical, Inc. rose sharply in today's pre-market trading as the company posted better-than-expected third-quarter financial results.

The company also said it obtained regulatory clearance in South Korea for the da Vinci 5 surgical system in October.

Intuitive Surgical shares jumped 6.9% to $506.38 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

• SOBR Safe, Inc. S rose 95.2% to $15.52 in pre-market trading after the company announced it filed a form RW and will not pursue a public offering at this time.
• JIADE Limited gained 62.9% to $2.77 in pre-market trading after jumping around 136% on Thursday.
• Catheter Precision, Inc. shares surged 39.8% to $0.6160 in pre-market trading.
• Akanda Corp. gained 34% to $1.30 in pre-market trading.
• Tenon Medical, Inc. T rose 33.2% to $4.57 in pre-market trading. Tenon Medical(R) announced issuance of three U.S. patents.
• Pineapple Energy Inc. shares jumped 24.7% to $6.87 in pre-market trading after gaining around 9% on Thursday.
• cbdMD, Inc. shares rose 18.6% to $0.51 in pre-market trading.
• Jet.AI Inc. climbed 13.6% to $0.1101 in pre-market trading after jumping over 12% on Thursday.
• Netflix, Inc. gained 5.8% to $727.17 in pre-market trading after the company reported stronger-than-expected third-quarter financial results.

Losers

• Orgenesis Inc. shares dipped 48.3% to $1.65 in pre-market trading after declining around 4% on Thursday.
• NuZee, Inc. shares fell 38.7% to $1.41 in pre-market trading after jumping 546% on Thursday. The company announced it moved its U.S. operations from California to Florida in order to develop its global business.
• Molecular Templates, Inc. fell 38.7% to $0.57 in today's pre-market trading amid volatility after the company recently announced it approved the liquidation and wind-up.
• NKGen Biotech, Inc. fell 36.4% to $0.4455 in pre-market trading after jumping 154% on Thursday.
• Olema Pharmaceuticals, Inc. shares declined 18.8% to $10.00 in pre-market trading.
• Staffing 360 Solutions, Inc. declined 18.4% to $1.89 in pre-market trading after jumping 68% on Thursday.
• MGP Ingredients, Inc. shares fell 16.6% to $68.06 after the company issued soft preliminary guidance and lowered its 2024 financial outlook.
• VS MEDIA Holdings Limited shares declined 16.4% to $1.88 in pre-market trading.
• Cemtrex, Inc. C shares fell 15.8% to $0.3453 in pre-market trading after declining 10% on Thursday.
• Notable Labs, Ltd. fell 14.5% to $0.3250 in pre-market trading after surging 57% on Thursday.

Now Read This:

• AbbVie Is Doing ‘Very Well’ But Jim Cramer’s Favorite? Abbott Laboratories

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.2% on Friday.

The Dow traded down 0.11% to 41,291.08 while the NASDAQ rose 0.28% to 17,565.84. The S&P 500 also rose, gaining, 0.20% to 5,603.06.

Check This Out: Meta, Bank of America And 2 Other Stocks Executives Are Selling

Leading and Lagging Sectors

Consumer discretionary shares climbed by 0.9% on Thursday.

In trading on Thursday, energy shares fell by 0.5%.

Top Headline

The total number of active U.S. oil rigs came in unchanged at 483 rigs this week, Baker Hughes Inc reported.

Equities Trading UP

• Brenmiller Energy Ltd shares shot up 166% to $1.79 after the company reported a year-over-year increase in H1 EPS results. Also, the company announced a projected pipeline valued up to $500 million.
• Shares of Focus Universal Inc. got a boost, surging 61% to $0.3067 after the company in a Form4 filing disclosed that CEO Desheng Wang bought 302,100 shares of stock at an average price of $0.18 per share.
• MongoDB, Inc. shares were also up, gaining 17% to $286.58 after the company reported better-than-expected second-quarter financial results and issued strong guidance on Thursday.

Equities Trading DOWN

• Paltalk, Inc. shares dropped 37% to $3.4501 after the company was awarded $65.7 million in District Court verdict against Cisco, which remains subject to post-trial proceedings.
• Shares of Catheter Precision, Inc. were down 54% to $0.6250 after the company announced the pricing of $3.1 million underwritten public offering.
• Elastic N.V. was down, falling 27% to $75.28 after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates.

Commodities

In commodity news, oil traded down 2.9% to $73.74 while gold traded down 1.1% at $2,532.10.

Silver traded down 2.6% to $29.21 on Friday, while copper fell 0.1% to $4.2165.

Euro zone

European shares closed mixed today. The eurozone's STOXX 600 gained 0.09%, Germany's DAX fell 0.03% and France's CAC 40 fell 0.13%. Spain's IBEX 35 Index rose 0.38%, while London's FTSE 100 fell 0.04%.

The unemployment rate in the Eurozone eased to its record low of 6.4% in July from 6.5% in the previous month, while annual inflation rate declined to 2.2% in August from 2.6% in the prior month.

Asia Pacific Markets

Asian markets closed higher on Friday, with Japan's Nikkei 225 gaining 0.74%, Hong Kong's Hang Seng Index gaining 1.14%, China's Shanghai Composite Index gaining 0.68% and India's BSE Sensex rising 0.28%.

The Indian economy grew by 6.7% from the prior year in the June quarter compared to a 7.8% increase in the prior period. Retail sales in Hong Kong declined 13.3% year-over-year in July.

Economics

• U.S. personal income increased by 0.3% from the prior month to $24.015 trillion in July, while personal spending rose 0.5% from the prior month.
• The US core PCE price index increased by 0.2% from the earlier month in July, in line with market estimates and following a 0.2% rise in June.
• The University of Michigan consumer sentiment was revised higher to 67.9 in August versus a preliminary level of 67.8.
• The Chicago PMI climbed to 46.1 in August from 45.3 in the previous month and beating market expectations of 45.5.
• The total number of active U.S. oil rigs came in unchanged at 483 rigs this week, Baker Hughes Inc reported.

Now Read This:

• How To Earn $500 A Month From Dick’s Sporting Goods Stock Ahead Of Q2 Earnings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

U.S. stocks traded mixed midway through trading, with the Dow Jones falling around 90 points on Friday.

The Dow traded down 0.22% to 41,244.09 while the NASDAQ rose 0.27% to 17,563.29. The S&P 500 also rose, gaining, 0.11% to 5,598.07.

Check This Out: Meta, Bank of America And 2 Other Stocks Executives Are Selling

Leading and Lagging Sectors

Information technology shares climbed by 0.7% on Thursday.

In trading on Thursday, energy shares fell by 0.6%.

Top Headline

The US core PCE price index increased by 0.2% from the earlier month in July, in line with market estimates and following a 0.2% rise in June.

Equities Trading UP

• Brenmiller Energy Ltd shares shot up 165% to $1.79 after the company reported a year-over-year increase in H1 EPS results. Also, the company announced a projected pipeline valued up to $500 million.
• Shares of Focus Universal Inc. got a boost, surging 47% to $0.2802 after the company in a Form4 filing disclosed that CEO Desheng Wang bought 302,100 shares of stock at an average price of $0.18 per share.
• MongoDB, Inc. shares were also up, gaining 14% to $280.02 after the company reported better-than-expected second-quarter financial results and issued strong guidance on Thursday.

Equities Trading DOWN

• Paltalk, Inc. shares dropped 34% to $3.6297 after the company was awarded $65.7 million in District Court verdict against Cisco, which remains subject to post-trial proceedings.
• Shares of Catheter Precision, Inc. were down 53% to $0.6490 after the company announced the pricing of $3.1 million underwritten public offering.
• Elastic N.V. was down, falling 28% to $75.13 after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates.

Commodities

In commodity news, oil traded down 2.4% to $74.08 while gold traded down 0.4% at $2,549.80.

Silver traded down 0.8% to $29.74 on Friday, while copper rose 0.2% to $4.2315.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.23%, Germany's DAX rose 0.12% and France's CAC 40 rose 0.17%. Spain's IBEX 35 Index rose 0.39%, while London's FTSE 100 rose 0.17%.

The unemployment rate in the Eurozone eased to its record low of 6.4% in July from 6.5% in the previous month, while annual inflation rate declined to 2.2% in August from 2.6% in the prior month.

Asia Pacific Markets

Asian markets closed higher on Friday, with Japan's Nikkei 225 gaining 0.74%, Hong Kong's Hang Seng Index gaining 1.14%, China's Shanghai Composite Index gaining 0.68% and India's BSE Sensex rising 0.28%.

The Indian economy grew by 6.7% from the prior year in the June quarter compared to a 7.8% increase in the prior period. Retail sales in Hong Kong declined 13.3% year-over-year in July.

Economics

• U.S. personal income increased by 0.3% from the prior month to $24.015 trillion in July, while personal spending rose 0.5% from the prior month.
• The US core PCE price index increased by 0.2% from the earlier month in July, in line with market estimates and following a 0.2% rise in June.
• The University of Michigan consumer sentiment was revised higher to 67.9 in August versus a preliminary level of 67.8.
• The Chicago PMI climbed to 46.1 in August from 45.3 in the previous month and beating market expectations of 45.5.

Now Read This:

• How To Earn $500 A Month From Dick’s Sporting Goods Stock Ahead Of Q2 Earnings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.