Canada markets closed

  • S&P/TSX

    19,541.27
    -49.47 (-0.25%)
     

  • S&P 500

    4,288.05
    -11.65 (-0.27%)
     

  • DOW

    33,507.50
    -158.84 (-0.47%)
     

  • CAD/USD

    0.7365
    -0.0050 (-0.68%)
     

  • CRUDE OIL

    90.77
    -0.94 (-1.02%)
     

  • Bitcoin CAD

    36,950.64
    +285.12 (+0.78%)
     

  • CMC Crypto 200

    579.66
    +0.90 (+0.15%)
     

  • GOLD FUTURES

    1,864.60
    -14.00 (-0.75%)
     

  • RUSSELL 2000

    1,785.10
    -9.21 (-0.51%)
     

  • 10-Yr Bond

    4.5730
    -0.0240 (-0.52%)
     

  • NASDAQ

    13,219.32
    +18.05 (+0.14%)
     

  • VOLATILITY

    17.52
    +0.18 (+1.04%)
     

  • FTSE

    7,608.08
    +6.23 (+0.08%)
     

  • NIKKEI 225

    31,857.62
    -14.90 (-0.05%)
     

  • CAD/EUR

    0.6964
    -0.0052 (-0.74%)
     
ASK THE EXPERT:

HOW TO PROTECT YOUR RETIREMENT SAVINGS FROM INFLATION

Inflation is a 'future inevitability' that people can plan for, says an expert

Apple, Palo Alto, ExxonMobil rise premarket; Target falls

Investing.com
·1 min read

Investing.com -- Stocks in focus in premarket trade on Monday, June 5th. Please refresh for updates.

Apple (NASDAQ:AAPL) stock rose 0.8%, with the tech giant expected to unveil a new "mixed reality" headset at its developer conference in California, some new hardware that has been seven years in the making.

Target (NYSE:TGT) stock fell 0.7% after KeyBanc downgraded its stance on the retailer to ‘sector weight’ from ‘overweight’, citing increasing consumer headwinds over the next 12-18 months.

ExxonMobil (NYSE:XOM) stock rose 1.5% and Chevron (NYSE:CVX) stock climbed 1.3% with these oil majors benefiting from the jump in the price of crude after Saudi Arabia announced plans to cut production from July.

Palo Alto (NASDAQ:PANW) stock rose 5.8% as the cybersecurity firm looks set to replace satellite network company Dish Network (NASDAQ:DISH), down 4.1%, in the S&P 500 index.

UBS (NYSE:UBS) stock rose 1.1% after the Swiss lender said it expected to complete its takeover of Credit Suisse "as early as June 12," which will create a banking giant with a balance sheet of $1.6 trillion.

Dollar General (NYSE:DG) stock fell 1.3% after Morgan Stanley downgraded the discount retailer to 'equal-weight' from 'overweight', saying the company has not been the defensive stock it expected.

Estée Lauder (NYSE:EL) stock fell 1% after Oppenheimer cut its stance on the cosmetics giant to ‘perform’ from ‘outperform’, saying more gains will be harder to come by.

CIRCOR International (NYSE:CIR) stock soared 50% after the industrial machinery maker agreed to be acquired by KKR, in a cash deal valued at $1.6 billion.

Related Articles

Apple, Palo Alto, ExxonMobil rise premarket; Target falls

Apple expected to reveal mixed-reality headset at developer conference

China's top investment bank CITIC cuts base salary by up to 15% -sources