U.S. Stocks on the Move-Generac, Jefferies, Applied Digital
SPY•Market backdrop
September 17 (Reuters) - The major U.S. stock indexes were on course for a higher open on Thursday as retreating oil prices boosted sentiment, with the Federal Reserve's first rate hike under Chair Kevin Warsh reassuring investors of its commitment to reining in inflation.
Notable stock movers
- Generac Holdings Inc (GNRC.O): Soars after a $2.4 billion data center power deal with Amazon.
- Newmont Corp (NEM.N), Gold Fields Ltd (GFI.N), Harmony Gold Mining Co Ltd (HMY.N), AngloGold Ashanti PLC (AU.N): Gold miners gain as bullion prices rise on a softer US dollar.
- Lennar Corp (LEN.N): Slides after lower Q3 profit and a weak home price outlook.
- Boston Scientific Corp (BSX.N): Citi downgrades Boston Scientific, citing an uncertain road ahead.
- Fluence Energy Inc (FLNC.O): Tumbles after slashing annual revenue and adjusted EBITDA forecast.
- Jefferies Financial Group Inc (JEF.N): Rises as Oppenheimer calls it attractively valued and raises Q3 profit estimate.
- BCB Bancorp Inc (BCBP.O): Slips after an $85 million stock sale for revamp.
- Nokia Oyj (NOK.N): Tops STOXX on positive read-across from Ciena growth outlook.
