U.S. stocks traded lower this morning, with the Dow Jones dropping around 100 points on Friday.
Following the market opening Friday, the Dow traded down 0.30% to 33,594.11 while the NASDAQ fell 0.86% to 11,753.78. The S&P 500 also fell, dropping, 0.67% to 4,063.19.
Gainers
Ibio Inc (NYSE: IBIO) shares rose 162.6% to $1.97 in pre-market trading after dropping around 12% on Thursday. JMP Securities, on Thursday, downgraded iBio from Market Outperform to Market Perform.
U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.
XP Inc (NASDAQ: XP) shares tumbled 13.1% to $13.82 in pre-market trading after the company reported a drop in Q4 net revenue.
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.