By Mackenzie Tatananni and Adam Clark
Stock futures were falling Tuesday after Iran's Mehr News, a government-sponsored news agency, reported several explosions on Kharg Island, a vital site for Iran's oil trade.
These stocks were poised to make moves:
Humana jumped 10%. The federal government on Monday pledged to pay insurers in the Medicare program an average increase of 2.48% next year, well above an originally proposed rate of just 0.09% in January. UnitedHealth climbed 6.8%, CVS Health advanced 7.1%, and Centene added 4%.
Broadcom was up 3%. A filing late Monday revealed the chip maker had extended its collaboration with Alphabet through 2031. Broadcom has co-designed artificial-intelligence chips alongside the Google parent since 2016.
Amazon.com slipped 0.5%. The online retailer and the U.S. Postal Service have reached a new package-handling agreement, Amazon confirmed in a statement to Barron's. United Parcel Service and FedEx ticked down 0.7% and 0.8%, respectively.
Universal Music Group rose 9.5% in Amsterdam after Bill Ackman's Pershing Square Capital disclosed it had made a more than $63 billion bid for the record label. The new company would be based in Nevada and would shift its stock listing to the New York Stock Exchange from Amsterdam, Pershing said. UMG's American depositary receipts ticked up 0.5%.
Casey's General Stores inched up 0.7%. The Iowa-based convenience store chain will replace medical technology company Hologic in the S&P 500 before trading opens on Thursday, S&P Dow Jones Indices said.
Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com and Adam Clark at adam.clark@barrons.com
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(END) Dow Jones Newswires
April 07, 2026 08:36 ET (12:36 GMT)
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