Wall Street was subdued before the bell today, one day after markets were again pushed to records by the fever around artificial intelligence technology, the Associated Press reports. Futures for the Dow Jones Industrial Average were down 0.1% in premarket trading, while futures for the S&P 500 future were unchanged.
Lululemon Athletica jumped more than 9% ahead of the opening bell after the yoga and athletic wear maker beat Wall Street’s sales and profit targets in a stronger-than-expected first quarter.
Vista Outdoors jumped more than 8% after MNC Capital Partners announced that it boosted its all-cash bid for the outdoor sports and recreation company to $39.50 per share, or over $3 billion.
New York software company Sprinklr tumbled more than 22% after it beat Wall Street’s first-quarter sales and profit forecasts but issued full-year revenue guidance that disappointed investors.
In other markets, U.S. benchmark crude oil gained 70 cents to $74.77 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, was up 65 cents to $79.06 per barrel.
The U.S. dollar rose to 156.19 Japanese yen from 156.10 yen.
