US stock futures are mixed as investors adjust to the prior day’s market selloff driven by concerns over consumer health. The Dow Jones Industrial Average futures have declined 0.4%, while the S&P 500 futures remain unchanged, despite a pullback from record-high levels. Nasdaq futures, however, are up 0.3% after a tech-focused index decline.
Meanwhile, several companies are making headlines:
– UnitedHealth Group (UNH) shares plummeted 10% in premarket trading due to a reported investigation by the US Department of Justice into Medicare billing practices.
– A Japanese group is planning to invest in Nissan, with Tesla reportedly seeking strategic partnerships to maintain its American factories.
– Alibaba Group (BABA) shares rose 4% as GameStop CEO Ryan Cohen expanded his stake in the firm.
– Energy-drink maker Celsius saw its stock soar over 30% after strong quarterly earnings and the acquisition of rival Alani Nu for $1.8 billion.
Source: https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-february-21-2025-11683929