US PREMARKET ACTIONS: September 8, 2025
Futures Indices
- Dow Futures: +0.16%
- S&P 500 Futures: +0.25%
- Nasdaq 100 Futures: +0.38%
- US 10-year Yield: 4.08%
Market Environment
US indices are inching higher this Monday, supported by anticipation of key inflation reports due this week. Calm prevails in the absence of major releases today, but investors’ attention remains focused on the PPI Wednesday and especially the CPI Thursday, just days ahead of the FOMC.
According to Jim Reid (Deutsche Bank):
"It’s another busy week of events as we approach the FOMC. Even though the Fed has entered its media blackout period, PPI and especially CPI will shape market expectations."
The employment report released last Friday was seen as a sign of economic slowdown, lessening fears of persistent inflation. Markets are now pricing in a 90.1% probability of a 25 basis point cut at the next Fed meeting.
In addition, investors welcomed the effects of the quarterly S&P 500 rebalancing announced last Friday evening. To be eligible, companies must meet strict criteria: minimum market capitalization of $22 billion, profitability, liquidity, and free float.
Stocks to Watch
Rapport Therapeutics (RAPP) +25.4%
The stock soars after promising interim results for its RAP-219 treatment for drug-resistant epileptic seizures. The upcoming report will detail patients’ clinical responses.
Ideaya Biosciences (IDYA) +15.2%
Strong surge after encouraging results from a phase 1 clinical trial for its IDE849 cancer treatment, with an overall response rate of 77.1% in small cell lung cancer.
Hour Loop (HOUR) +11.5%
Another spike amid high speculative trading, without any specific announcement. The stock has become one of the current favorites on “meme stock” forums.
AppLovin (APP) +7.5%, Robinhood (HOOD) +7.3%, EMCOR Group (EME) +2.2%
The three companies will be added to the S&P 500, replacing MarketAxess (MKTX), Caesars Entertainment (CZR), and Enphase Energy (ENPH), respectively. The market is reacting positively to this recognition, which often brings in passive capital flows.
UnitedHealth (UNH) +1.3%
The health insurance giant is gaining ground after announcing it will reiterate its adjusted EPS outlook for 2025 at a meeting this week. In July, the company disappointed with projected EPS of at least $16.00, below the consensus of $16.24, due to increased medical expenses.
Tesla (TSLA) – to watch
According to Cox Automotive, Tesla’s market share in US electric vehicle sales dropped to 38% in August, its lowest level since October 2017. Increased competition and the absence of new models are weighing on the group’s momentum; sales rose just 3.1% in August, versus +14% for the entire market. Strategic priorities around robotaxis and AI worry some analysts, while the core automotive business remains critical.
New Fortress Energy (NFE) -12.7%
Sharp drop after the release of a $556.8M net loss in Q2, versus $86.9M last year. Falling revenue and asset sales heavily weigh on results. The company is betting on the upcoming launch of new projects in Latin America to turn things around.
Rating Change
No notable rating changes at this time.
Have a great session everyone
Sylvain Mouilhaud: Stock Coach