US PRE-MARKET MOVERS: XLE, JETS, DKNG, CCL, RCL, SNPS MDB
ES +1.8%, NQ +1.7%, RTY +2.9%
- XLE -1.0%: Oil selloff weighs
- JETS +2.9%, CCL:+4.6%, RCL +4.7%: Benefit from slide in oil prices.
- DKNG +6.7%, HOOD -0.2%: US senators are to introduce a bipartisan legislation on Monday to prohibit prediction-market exchanges from listing contracts related to sporting events.
- SNPS +2.2%: Elliott Investment Management has reportedly built a stake in SNPS.
- MDB +2.8%: Upgraded at Mizuho to 'Outperform' from 'Neutral'.
Context
The pre-market movers indicate a generally positive tone in U.S. equities, particularly in sectors like travel and leisure, which are benefiting from declining oil prices. Notably, DraftKings is surging on news of potential regulatory changes in prediction markets, while Synopsys has attracted attention due to Elliott Management acquiring a stake, signaling investor confidence in its prospects. The upgrades for MongoDB highlight positive sentiment in the tech sector as well.
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