U.S. stock futures rose slightly before the market opened on Monday (28th). The trade agreement between the United States and Europe supported market sentiment, but investors are still waiting for the Sino-US trade negotiations and this week's heavy earnings and economic data. Pre-market stocks e-commerce giant Amazon (NASDAQ:AMZN) rose 0.9% after Jefferies said the impact of comprehensive U.S. tariffs on the company is "currently overestimated" because it is still the "preferred" online mall for consumers. Technology giant Apple (NASDAQ:AAPL) rose 0.2% after Bank of America pointed out that the company's third-quarter results were "difficult", tariffs put pressure on profit margins, and regulatory concerns lingered. Electric car manufacturer Tesla (NASDAQ:TSLA) rose 1.6% after the company signed a $16.5 billion chip foundry agreement with Samsung Electronics (KS:005930) . Cryptocurrency concept stocks rose, with Bit Digital rising 5%. Natural gas developers rose, with NextDecade (NASDAQ:NEXT) up 4.3%, Venture Global (NYSE:VG) up 5.9% and Cheniere Energy (NYSE:LNG) up 4.5% after the European Union pledged to buy $750 billion worth of liquefied natural gas over the next three years as part of a trade deal.
Sarepta (NASDAQ:SRPT) fell 1.4% after the U.S. Food and Drug Administration was investigating the death of an 8-year-old Brazilian boy treated with the company's Elevidys. Sports brand Nike (NYSE:NKE) rose 4.1% after JPMorgan Chase upgraded its rating from "neutral" to "overweight" citing its optimistic outlook for a multi-year recovery. Telecommunications company Charter Communications (NASDAQ:CHTR) rose 0.06% after Bernstein upgraded its rating from "outperform" to "outperform" and expected more than 20% upside in the future. Celcuity LLC (NASDAQ:CELC) soared 215% after its breast cancer drug gedatolisib showed positive results in the third phase of the trial. The drug showed unprecedented efficacy in treating hormone receptor-positive, HER2-negative advanced breast cancer. Boeing (NYSE:BA) rose 0.4% after Song Zhiyong, director of the Civil Aviation Administration of China, met with Brandon Nelson, senior vice president of Boeing. The two sides exchanged in-depth views on the development of cooperation between Boeing and China's civil aviation. ASML (NASDAQ:ASML) rose 3.8%, driven by the positive news of the US-EU tariff agreement.
KraneShares CSI China Internet ETF (NYSE: KWEB) was flat. Zai Lab (NASDAQ: ZLAB) rose 3.6% after its peer Hengrui Medicine and GSK reached a potential $12.5 billion combination licensing agreement. Hengrui Medicine's Hong Kong stocks rose more than 24%, leading the Hong Kong stocks of innovative drug concept stocks to strengthen. In addition, Jefferies Group analyst Michael Yee maintained Zai Lab's buy rating and maintained a target price of $50. Other markets European stocks rose and fell. Asia-Pacific stocks rose and fell. The US dollar index rose 0.55% to 98.19, standing above the 98 mark during the day. Spot gold prices fell 0.27% to $3,328.32 per ounce. Bitcoin prices rose 0.65% to $118,883.9. London Brent crude oil and US WTI crude oil futures prices rose by about 2%. Pre-earnings: New Gold Inc (NYSE: NGD) , Enterprise Products Partners LP (NYSE: EPD) . After-hours: Waste Management Company (NYSE:WM), Nucor Corp (NYSE:NUE) , Whirlpool Corporation (NYSE:WHR), Tilray Inc (NASDAQ:TLRY) , Amkor Technology (NASDAQ:AMKR), Western Union Co (NYSE:WU) . For all today's earnings, please visit Investing.com's earnings calendar. InvestingPro's summer sale has kicked off, with a limited-time 50% discount. The minimum monthly purchase price is only two cups of coffee: spend a small amount of money to leverage big opportunities! Click here to subscribe now and enjoy a 50% discount.
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