CVS Health, Ford, McCormick and Nio rise premarket; Boeing falls

Investing.com -- US stock futures traded mostly lower Tuesday, ahead of the release of more important economic data.

Here are some of the biggest premarket US stock movers today CVS Health (NYSE:CVS ) stock rose 2.2% after Reuters reported that the health care company is reportedly mulling options that would include the breaking up of its retail and insurance divisions. Ford (NYSE:F ) stock rose 2.4% after Goldman Sachs upgraded it stance on the auto giant to “buy” from “neutral”, citing margin opportunity from growing software and services mix. Boeing (NYSE:BA ) stock fell 0.6% after Bloomberg reported that the aircraft manufacturer was considering raising at least $10 billion by selling new stock. Trump Media & Technology Group (NASDAQ:DJT ) stock rose 5.2% after the operator of the social media platform Truth Social announced today that its custom-built content delivery network is now operating from multiple sites across the country. Nio (NYSE:NIO ) stock rose 4.5%, Li Auto (NASDAQ:LI ) stock gained 3.7% and Xpeng (NYSE:XPEV ) stock lifted 3.5% after the Chinese EV manufacturers reported growth in vehicle deliveries during September and the third quarter of 2024. McCormick (NYSE:MKC ) stock rose 1.8% after the spice maker raised its annual earnings forecast after posting better-than-expected third-quarter results. Tesla (NASDAQ:TSLA ) stock rose 0.5% ahead of reporting third-quarter deliveries on Wednesday, with analysts expecting an 8% jump from a year ago. ZIM Integrated Shipping Services (NYSE:ZIM ) stock fell 5.1% as a strike by US dockworkers shut a number of ports.

Source: Investing.com