Tesla, Merck, Moderna: What to Watch When the Stock Market Opens Today

Up-to-date Oct. 4, 2021 7:53 am ET

Stock futures edged down as buyers stored on eye on the various quarrels above government paying taking spot on Capitol Hill. Here’s what we’re observing prior to Monday’s trading begins.

  • Tesla

    TSLA -.03%

    overcame snarled world wide source chains to deliver a file variety of vehicles in the third quarter. The Silicon Valley electric-car maker’s shares climbed 2.7% premarket.

A gentleman billed his car at a Tesla tremendous charging station in Arlington, Va. on Aug. 13, 2021.



Photo:

andrew caballero-reynolds/Agence France-Presse/Getty Photos

  • Merck

    MRK 8.37%

    shares ended up up 2.8% premarket. Previous 7 days, the drug maker claimed its pill supposed to treat Covid-19 had succeeded in a crucial review.

  • Shares of some vaccine makers have been extending declines premarket just after owning dropped last 7 days pursuing the report on Merck’s tablet.

    Moderna

    MRNA -11.37%

    was down 4.1% and

    Novavax

    NVAX -12.40%

    drop 3%.

  • Southwest Airlines

    LUV 5.68%

    shares acquired 1.8% premarket.

    Barclays

    upgraded its rating of the inventory and lifted its price tag target to $75 a share. It shut Friday at $54.35.

  • DuPont

    DD 1.68%

    was up 1.6%, having also been given a rankings enhance, from JPMorgan. The lender also nudged its price target up to $85 a share from $84.

  • 3M

    MMM .72%

    shares meanwhile obtained a rankings downgrade from JPMorgan, and the inventory was investing down 1.7% premarket.

  • Wine producer

    Duckhorn Portfolio

    NAPA 1.35%

    and

    Comtech Telecommunications

    CMTL 2.15%

    are amid the organizations reporting earnings Monday.

Chart of the Day
  • A quirky corner of the U.S. inventory market dwelling to hashish sellers, cryptocurrency trusts and other speculative investments is looking at report amounts of action.

Compose to James Willhite at james.willhite@wsj.com

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