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Futures indexes opened modestly higher ahead of the trading session. Two technology companies moved on separate regulatory and earnings developments.
news.sky.comU.S. equity futures pointed to a modestly higher open, with the S&P 500 futures index up 0.1 percent, the Nasdaq-100 futures index up 0.2 percent and the Russell 2000 futures index up 0.1 percent. A U.K. regulator is examining app payment practices at two major technology companies, according to market reports.
Pre-market stock moves One technology services company fell 24 percent after reporting earnings and revenue that missed consensus estimates and issuing weaker-than-expected guidance for the next quarter and full year. A data-center operator declined 5 percent after agreeing to purchase a private-equity firm's stake in three fully leased Northern Virginia facilities for $3.5 billion.
An aerospace and defense contractor rose 28 percent after reporting quarterly results that exceeded Wall Street expectations. A biotechnology company gained 8 percent after two pharmaceutical firms released positive Phase 3 trial results for a lymphoma treatment; shares of one of the partners slipped 0.7 percent.
A recreational-vehicle components supplier advanced 7 percent. A U.S. House committee has opened an investigation into drug trials conducted by two pharmaceutical companies in China.
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nbcnews.comPresident Trump posted on Truth Social on June 30 demanding immediate price reductions at gasoline retailers. The national average price stood at $3.85 per gallon.
benzinga.comThree chipmakers gained a combined $2 trillion in market capitalization in the second quarter as investors broadened AI-related holdings beyond Nvidia. Micron rose more than 240 percent, Intel climbed 216 percent, and AMD advanced 186 percent.
forexlive.comThe United States and Iran agreed to stop recent strikes around the Strait of Hormuz and resume technical talks this week. Shipping through the waterway continued at reduced levels after weekend attacks on two vessels.