HeadlinesBriefing favicon HeadlinesBriefing.com

Premarket Movers: Allied Gold, Newmont Rise; American Airlines Falls

All News •
×

U.S. stock futures edged lower Monday as investors braced for a Federal Reserve meeting and a wave of tech earnings. Allied Gold surged 3% on a C$5.5 billion acquisition offer from Zijin Gold International. Newmont and Barrick climbed as gold prices hit a record $5,100 an ounce, fueling a safe-haven rally.

Baker Hughes gained 2.2% after reporting an 11% rise in quarterly profit, driven by strong gas technology demand. Meanwhile, American Airlines, Delta, and United shares fell over 1% due to winter storm disruptions. USA Rare Earth soared 22% on reports of a Trump administration investment, while Skywater Technology jumped 7.7% on a $1.8 billion acquisition by IonQ.

The premarket session highlights shifting investor sentiment. Geopolitical uncertainty is pushing capital into precious metals, while earnings and deal news are creating specific stock catalysts. The Fed's upcoming policy decision and major tech earnings will likely dictate broader market direction this week.