US PRE-MARKET MOVERS: Mag-7, AMD, CEG/GOOGL, OPCH, BDX, MAT, ABBV

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[MARKET UPDATE]: Dollar slides and stocks gain on no clear headline driver but comes amid lower energy prices and yields

Iraq sets oil price at USD 58/bbl in 2027 draft budget, according to reports, citing lawmakers

US PRE-MARKET MOVERS: Mag-7, AMD, CEG/GOOGL, OPCH, BDX, MAT, ABBV

JOGMEC CEO says Japan is considering further measures to diversify energy supplies and reduce reliance on Middle East sources

US Secretary of State Rubio says the era of free trade agreements is unlikely to return for the foreseeable future

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ES +0.3% NQ +0.4% RTY +0.1%

  • Mag-7: TSLA +1% NVDA +0.9% MSFT +0.8% AMZN +0.6% GOOGL +0.4% META +0.4% AAPL +0.1%
  • AMD +1.5%: CEO Su said will substantially increase supply in '27
  • CEG +7% GOOG +0.5%: Google enters into 3,590 MW power deal w/ CEG
  • OPCH +20%: McKesson & Clayton Dubilier & Rice nearing deal to acquire Co. for >$5bln incl. debt
  • BDX +0.8%: Will invest $3bln to expand US manufacturing of essential medical products
  • MAT -0.5%: Ariel Investments urges Co. to explore strategic alternatives incl. asset sales, merger or sale
  • ABBV flat: Next Q & FY profit guide underwhelms

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