Sage Therapeutics surge after contract acquired by Supernus
Stock market futures are rising slightly. Enthusiasm has been mitigated by geopolitical risks and uncertainty ahead of Wednesday’s Federal Reserve decision. The Fed is widely expected to hold stable rates, but investors will focus on the laser on Chairman Powell’s language later this year on potential interest rate cuts. Currently, the market is priced around a 56% chance of a quarter-point reduction by September.
In the background, the rising tensions between Israel and Iran continue to cast a long shadow. Oil prices have cooled slightly since last week’s surge, but remained rising. RBC analysts warn that the long-term crisis in the Middle East could lead to a significant market correction as it sways energy costs, lower revenue expectations and shatters investors’ sentiment.
In pre-market trading, S&P 500 futures rose 0.67%, Nasdaq futures rose 0.80% and Dow futures rose 0.64%.
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Ecostal (SATS) 42% increase from Bloomberg It has been reported president Donald Trump We intervened to encourage Ecostal and Federal Communications Commission Chairman Brendan Kerr to resolve disputes over the company’s valuable licenses.
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Sage Therapeutics (Sage) After entering a decisive agreement of super nu, it increased by 35% (supn) In addition to acquiring the company through a tender acquisition of $8.50 per share in cash and $8.50 per share paid upon closing, there is one non-tradable contingent value worth up to $3.50 per share in cash.
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Proteiner (PRTA) Increases 10% after announcing partner Roche (Rhhby) Prasinezumab leads to the development of phase III of early stage Parkinson’s disease
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year (roku) 9% increase after Amazon ads (AMZN) and the company have announced a new integration that will allow advertisers to access the largest certified CTV footprint in the United States
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Victoria’s Secret (VSCO) 7% increase from Bloomberg It has been reported The company is being targeted by Barrington Capital.
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US Steel (x) 5% increase in company and Nippon Steel (npscy) Announced the president Trump Corporate partnership has been approved
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Hinge Health (HNGE) Piper Sandler starts covering hinge with overweight ratings among other companies that start coverage with bullish ratings 4% increase after Piper Sandler begins coverage
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Mntn (MNTN) Loop Capital has increased 4% after launching coverage of MNTN with purchase ratings, and other companies have also begun with bullish ratings