Pinterest, Activision Blizzard, Platoon: What to see when the stock market opens today

That’s what we’re seeing before Friday’s operations begin.

Future U.S. stock markets rose, putting the S&P 500 on track during its best week in three months, with investors betting that a new spending package to relieve the coronavirus will boost the economy.

Futures tied to the S&P 500 rose 0.5%, contracts related to the Nasdaq-100, which has had a strong technological reach, rose 0.2% and Dow futures rose 0.5%. Read our full market wrap.

“U.S. employers added 49,000 jobs last month,” the Labor Department said Friday, returning growth to the job market after a month-long decline. The unemployment rate fell to 6.3%.

What’s going on?

—The platform count of Baker Hughes, a representative of the activity in the oil sector, leaves at 13:00. U.S. consumer credit data for December is at 3 p.m.

Market Movers to Watch

—Robinhood lifted its trade restrictions on GameStop,

GME 36.23%

8.2% premarket and AMC Entertainment,

AMC 4.23%

5.1% more. But they will have to move much further to overcome yesterday’s falls of 42% and 21%, respectively. For our live action blog, follow this link.

Pinterest and Snap jump in opposite directions after the platforms added millions more new users than expected in their last quarters, showing strong growth in the use of social media during the pandemic. Pinterest PINS 5.66%

shares rose more than 10% ahead of the bell, while Snap SNAP 4.02%

shares fell 6.2%.

– Johnson & Johnson JNJ 1.58%

received a pre-market booster shot after asking regulators to authorize emergency use of its Covid-19 vaccine. Its shares totaled 2.1%.

– Activision Blizzard ATVI 10.02%

The results provided more evidence that people were killing time through the pandemic by playing video games. Shares of the game maker rose more than 10% ahead of the market after its holiday sales and revenue forecasts exceeded expectations. KeyBanc raised its stock price target from $ 120 to $ 120.

—Pandom’s favorite PTON platoon -8.34%

Shares fell 6.3% after sales and subscriptions more than doubled in the last quarter, despite long delays in shipping that the company has pledged to address as potential customers undo your anger online.

Peloton Interactive stationary bikes will be sold Wednesday at the company’s showroom in Dedham, Massachusetts.


Photo:

Adam Glanzman / Bloomberg News

– T-Mobile US TMUS -2.78%

the shares lost 1.9% premarketing after the wireless service provider said its nearly one-year merger with Sprint will leave the company combined with higher costs this year as its engineers switch more subscribers to a single network.

—Actions of cosmetic manufacturer Estee Lauder EL 8.72%

increased 5.6% before the market. Its profit and sales rose in the last quarter, better than the expected decline in sales, as it posted gains from the Asia-Pacific region and online sales.

– Ford F. 1.51%

shares rose 4.2% before opening after the Detroit automaker said its fourth-quarter profits were affected by lower truck production and pledged to nearly double its investment in electric and driverless cars.

—Gilead Sciences GILD shares 3.05%

added 2.5% of the premarket after the drug maker said demand for Veklury, its treatment for some Covid-19 patients, helped boost fourth-quarter sales.

Market fact

The average daily trading volume on Tradeweb’s online bond trading platform topped $ 1 trillion in January, the company said Thursday. This is the month with the most activity recorded, surpassing March 2020 when the stock market crash pushed investors into public debt security.

Table of the day

The Alibaba Group sold $ 5 billion worth of bonds, showing that investors still want to support the Chinese e-commerce giant despite its recent clashes with authorities.

I have to read since you went to bed

Credit Suisse was alerted to the banker’s misconduct years before the charges

The shares of TikTok Rival are more than double at the debut in Hong Kong

Public list of Chobani Eyes 2021

23andMe to go public with SPAC supported by Richard Branson

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