Stock futures were rising on Wednesday as the market showed signs of Iran war fatigue ahead of the Federal Reserve's policy decision.
These stocks were making moves in premarket trading:
Micron Technology rose 2.7%. Shares in the memory-chip maker rallied 4.5% on Tuesday, meaning the company's market capitalization topped $500 billion for the first time. Micron is set to report its second-quarter earnings after Wednesday's close. Analysts are forecasting that sales will surge 146% from a year ago, which would mark the highest growth rate this century.
Lululemon Athletica slid 1.7% after the athletic apparel retailer issued disappointing first-quarter and full-year guidance, which overshadowed a fourth-quarter earnings beat.
Docusign gained 2.6% after the software company reported better-than-expected results for its fiscal fourth quarter. Docusign's first-quarter and full-year revenue guidance also beat analysts' estimates.
Oklo climbed 1.3% after the nuclear start-up reported that its net loss widened last year. Shares added 1.4% the previous session after Oklo said it had secured its first license from the Nuclear Regulatory Commission.
CF Industries fell 3.5%. Mizuho downgraded the fertilizer manufacturer to Underperform from Neutral, according to multiple reports. Shares have been on a good run since the conflict in the Middle East started, with fertilizer prices rising amid disruption of shipping through the Strait of Hormuz.
Swarmer jumped 44%. Shares in the drone technology company soared 520% on Tuesday in their first day of trading after Swarmer's initial public offering.
Jabil, Williams-Sonoma, General Mills, SailPoint, Five Below, and Macy's are all set to report earnings on Wednesday.