Trading on Wall Street was quiet and mixed early today, according to the Associated Press. Futures for the S&P 500 shifted between small gains and losses before the bell, while futures for the Dow Jones Industrial Average edged 0.1% lower.
In premarket trading, cereal and packaged food maker General Mills rose 4% after it reported third-quarter sales and profit that beat Wall Street expectations.
Chipotle jumped 5.5% after the burrito chain announced that its board had approved a 50-for-1 stock split, the first in its history.
Intel shares were up 3% after the Biden administration said it had reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico, and Oregon.
In other trading, U.S. benchmark crude oil lost 99 cents to $81.74 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, shed 96 cents to $86.42 per barrel.
The U.S. dollar rose against the Japanese yen after the BOJ’s comments on its decision suggested that a wide gap between interest rates in the United States and in Japan will persist for the foreseeable future.
