The major U.S. index futures are pointing to a mixed open on Thursday, as traders pause following a two-session rally early in the week. Mixed earnings could temper the market mood even as recession fears intensify
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.
Gainers
COMSovereign Holding Corp. (NASDAQ: COMS) rose 20.9% to $0.1063 in pre-market trading after dipping 26% on Wednesday. COMSovereign recently announced receipt of Nasdaq listing determination.
Pre-open movers
U.S. stock futures traded mostly lower in early pre-market trade on Thursday after closing lower in the previous session. The Dow Jones dropped by 100 points on Wednesday, ending a two-session winning streak.
The CNN Money Fear and Greed index showed some easing in the fear level among US investors.
US stocks ended lower on Wednesday, ending a two-session winning streak amid a sharp increase in Treasury yields.