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Wall Street's main indexes were set for a lower open on Wednesday following a
sharp rally in megacap growth stocks in the previous session that fizzled out on
fears of aggressive monetary policy tightening and slowing economic growth. .N
At 9:03 a.m. ET, Dow e-minis 1YMc1 were down 0.79% at 32,324. S&P 500
e-minis ESc1 were down 1.06% at 4,041.5, while Nasdaq 100 e-minis NQc1 were
down 1.43% at 12,380.75.
The top three NYSE percentage gainers premarket .PRPG.NQ :
** MagnaChip Semiconductor Corp MX , up 13.1%
** Huaneng Power International Inc HNP , up 10.3%
** Arlington Asset Investment Corp AAIC.K , up 8.9%
The top three NYSE percentage losers premarket .PRPL.NQ :
** Target Corp TGT , down 25.1%
** Modine Manufacturing Co MOD , down 15.6%
** Doximity Inc DOCS.K , down 13.8%
The top Nasdaq percentage gainer premarket .PRPG.O :
** Genius Brands International Inc GNUS.O , up 36.2%
The top three Nasdaq percentage losers premarket .PRPL.O :
** Baudax Bio Inc BXRX.O , down 0%
** Marpai Inc MRAI.O , down 25.4%
** Lightpath Technologies Inc LPTH.O , down 17.4%
** Peloton Interactive Inc PTON.O : down 3.1% premarket
BUZZ-UBS slashes PT for Peloton Interactive on lower sales urn:newsml:reuters.com:*:nL3N2XA1OB
** National Cinemedia Inc NCMI.O : up 21.4% premarket
BUZZ-Jumps as AMC reveals stake urn:newsml:reuters.com:*:nL3N2XA1OW
** Doximity Inc DOCS.N : down 13.8% premarket
BUZZ- Drops on weak forecast, PT cuts urn:newsml:reuters.com:*:nL3N2XA1SE
** Cardinal Health Inc CAH.N : up 1.0% premarket
BUZZ-Cardinal Health's medical unit being undervalued - Evercore ISI
urn:newsml:reuters.com:*:nL3N2XA1W7
** Ares Commercial Real Estate Corp ACRE.N : down 6.8% premarket
BUZZ-Tumbles after pricing $105 mln stock offering urn:newsml:reuters.com:*:nL2N2XA0OP
** Target Corp TGT.N : down 25.1% premarket
BUZZ-Target slumps after warning of bigger margin hit, Q1 profit halves
urn:newsml:reuters.com:*:nL3N2XA1ZX
** Lowe's Companies Inc LOW.N : down 3.8% premarket
BUZZ- Falls after downbeat Q1 same-store sales urn:newsml:reuters.com:*:nL3N2XA1X7
** ASML Holding NV ASML.O : down 2.4% premarket
** Applied Materials Inc AMAT.O : down 2.0% premarket
BUZZ-Semiconductor industry capex cuts unlikely in near-term, says
Berenberg urn:newsml:reuters.com:*:nL3N2XA1Z1
** VSE Corp VSEC.O : down 1.3% premarket
BUZZ-RBC downgrades VSE Corp on lack of near-term catalysts urn:newsml:reuters.com:*:nL3N2XA21F
** Nvidia Corp NVDA.O : down 2.4% premarket
BUZZ-Susquehanna cuts PT on Nvidia on valuation concerns, gaming risks
urn:newsml:reuters.com:*:nL3N2XA22E
** Sea Ltd SE.N : down 1.9% premarket
BUZZ-Falls as brokerages cut PT on macro headwinds urn:newsml:reuters.com:*:nL3N2XA232
** Baudax Bio Inc BXRX.O : down 30.0% premarket
BUZZ-Falls on $2 mln equity offering urn:newsml:reuters.com:*:nL3N2XA26E
** Dynatrace Inc DT.N : up 5.2% premarket
BUZZ-Rises on upbeat Q4 results urn:newsml:reuters.com:*:nL3N2XA28U
** Tesla Inc TSLA.O : down 1.9% premarket
BUZZ-Piper Sandler cuts Tesla PT as COVID-19 hits China production urn:newsml:reuters.com:*:nL3N2XA28G
** Meta Platforms Inc FB.O : down 1.6% premarket
** Amazon.com Inc AMZN.O : down 3.0% premarket
** Apple Inc AAPL.O : down 1.6% premarket
BUZZ-Google's Russian unit files for bankruptcy urn:newsml:reuters.com:*:nL3N2XA24F
** Virgin Orbit Holdings Inc VORB.O : up 2.9% premarket
** Rocket Lab USA Inc RKLB.O : down 1.9% premarket
BUZZ- To launch five satellites on SpaceX mission urn:newsml:reuters.com:*:nL3N2XA2A4
** Sony Group Corp SONY.N : up 1.4% premarket
BUZZ-Says well-positioned to play leading metaverse role urn:newsml:reuters.com:*:nL3N2XA1SB
** Tuscan Holdings Corp II THCA.O : up 2.7% premarket
BUZZ-Surf Air Mobility to go public via $1.42 bln SPAC deal urn:newsml:reuters.com:*:nL3N2XA21N
** Penn National Gaming Inc PENN.O : up 1.9% premarket
BUZZ-Rises as Jefferies upgrades after stock's selloff urn:newsml:reuters.com:*:nL2N2XA0XF
** JD.com Inc JD.O : down 2.3% premarket
** Alibaba Group Holding Ltd BABA.N : down 2.2% premarket
** Pinduoduo Inc PDD.O : down 2.3% premarket
** Li Auto Inc LI.O : down 0.7% premarket
BUZZ-China ADRs slip on growth worries urn:newsml:reuters.com:*:nL3N2XA23K
** Zoom Video Communications Inc ZM.O : down 2.8% premarket
BUZZ-UBS cuts PT ahead of Q1 results urn:newsml:reuters.com:*:nL3N2XA2C0
** Triumph Group Inc TGI.N : down 13.2% premarket
BUZZ-Down as Q4 results miss estimates urn:newsml:reuters.com:*:nL3N2XA2DC
** TJX Cos Inc TJX.N : up 5.9% premarket
BUZZ-Parent rises on upbeat annual profit forecast urn:newsml:reuters.com:*:nL3N2XA2DS
** Analog Devices Inc ADI.O : up 1.9% premarket
BUZZ-Rises on upbeat Q3 forecast urn:newsml:reuters.com:*:nL3N2XA2F5
** Franchise Group Inc FRG.O : up 6.1% premarket
BUZZ-Jumps on $500 mln share buyback program urn:newsml:reuters.com:*:nL3N2XA2DR
(Compiled by Rajarshi Roy and Nathan Gomes in Bengaluru)
((nathan.gomes@thomsonreuters.com))