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Major U.S. stock indexes are lower as of midday Monday in New York.
S&P 500 stood at -0.7%, Dow Jones Industrial Average: -0.4% and Nasdaq Composite: -0.9%
Tweet on Trending stocks today
Marketwatch:
Newmont: shares jumped more than 9%
Catalent: Stock jumped 25%
Dell: shares gained 1.9%
Public Storage:stock fell more than 4% premarket
Tyson Foods: shares fell more than 5% premarket.
Pinterest: expected to post earnings after markets close#Trending #stocks pic.twitter.com/sFQHF5MI9b— The_Journalbiz (@the_journalbiz) February 6, 2023
Factset Chart on trending stocks
The 10-year Treasury yield rose to 3.632
Trending stocks today are:
Newmont: The Colorado-based gold miner made a $17 billion, all-stock offer to buy Australia’s Newcrest Mining. Newmont shares fell more than 6% premarket, while the target company’s shares jumped more than 9% in Sydney.
Catalent: Stock jumped 25% premarket, after Bloomberg reported that Danaher had expressed takeover interest in the company.
Dell: The computer company said it is cutting about 5% of its workforce. Dell shares gained 1.9% ahead of the opening bell.
Public Storage: stock fell more than 4% premarket, while Life Storage stock was quoted 12% higher.
Carlyle: The private equity giant is expected to unveil investment-banking veteran Harvey Schwartz its new chief executive, The Wall Street Journal reported. Mr. Schwartz most recently served as co-president of Goldman Sachs.
Tyson Foods: The meat company said it made net income of $316 million in the latest quarter, down from $1.12 billion a year earlier, as costs climbed and beef prices fell. Tyson shares fell more than 5% premarket.
Pinterest: The social-media company is expected to post earnings after markets close, as is Activision Blizzard.
