Consumer Sentiment, Oil Inventory Reports Set for Release as US Futures Little Changed in Friday's Premarket Session

MT Newswires Live
09/12

US stock futures were little changed in Friday's premarket session ahead of consumer sentiment and oil inventory figures coming out later in the morning.

The Dow Jones Industrial Average futures were off 0.21%, S&P 500 futures were down 0.05%, and Nasdaq futures edged 0.07% higher.

Oil prices were moving sharply higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude surging 1.96% and 1.76% respectively.

In equities, shares of GlucoTrack (GCTK) soared 153% in premarket activity after it said late Thursday it signed a purchase deal with Sixth Borough Capital Fund, under which the latter will purchase up to $20 million of GlucoTrack's common shares. Shares of HCW Biologics (HCWB) jumped 79% after a slight loss the previous session. And Vestand (VSTD) shares advanced 72% adding to a 7.5% gain on Thursday.

On the losing side, shares of Next Technology (NXTT) plunged 49% after it said late Thursday that it will implement a 200-for-one reverse stock split before the market opens on Tuesday. Rent the Runway's (RENT) stock tumbled 23% after it reported late Thursday a wider fiscal Q2 loss than a year earlier. And shares of XTI Aerospace (XTIA) shed 20% after it said late Thursday it plans a public offering of common shares and warrants with ThinkEquity as the placement agent.

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