(3/30) Tuesday’s Pre-Market Stock Movers & News – #stocks chatter

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(3/30) Tuesday's Pre-Market Stock Movers & News
#Good morning traders and investors of the r/StockMarket sub! Welcome to Tuesday! Here are your pre-market stock movers & news on this Tuesday, March 30th, 2021-

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# [5 things to know before the stock market opens Tuesday](https://www.cnbc.com/2021/03/30/5-things-to-know-before-the-stock-market-opens-tuesday-march-30.html)

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> # 1. Stock futures fall after Dow record as yields jump

> * U.S. stock futures dropped Tuesday as the 10-year Treasury yield hit a new 14-month high in early trading. The Nasdaq dropped Monday. The S&P 500 on Monday fell from the previous session’s record close. The Dow Jones Industrial Average bucked Monday’s downdraft, closing at another record despite weakness in bank stocks caught in the fallout of the Archegos Capital Management margin call chaos. With two days left in March, the Dow and S&P 500 were sitting on solid gains for the month. The Nasdaq was tracking for a monthly loss.

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> # 2. 10-year Treasury yield hits new 14-month high

> * The 10-year Treasury yield topped 1.77% early Tuesday, taking out another January 2020 high, as Covid vaccine rollouts and planned infrastructure spending boosted hopes of a broad U.S. economic recovery. However, the move also stoked inflation fears and put growth stocks, many of them tech names, under pressure because higher interest rates erode the value of future profits and squeeze market valuations.

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> # 3. How Goldman and Morgan Stanley avoided Archegos losses

> * In the Archegos meltdown, triggered by last week’s slide in shares of ViacomCBS and other stocks, Goldman Sachs avoided losses in the episode, CNBC’s Hugh Son reported. By the time Switzerland’s Credit Suisse and Japan’s Nomura said early Monday they unloaded positions on behalf of Archegos, Goldman Sachs and its Wall Street rival Morgan Stanley had already finished unloading their positions, according to people with knowledge of the matter. Archegos is a family office founded and by Bill Hwang, a former equity analyst at Julian Robertson’s Tiger Management.

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> # 4. CDC chief warns U.S. headed for ‘impending doom’ in Covid fight

> * The U.S. is facing “impending doom” as daily U.S. Covid cases begin to rebound once again, warned CDC Director Dr. Rochelle Walensky. “We have so much to look forward to, so much promise and potential of where we are and so much reason for hope, but right now I’m scared,” she said in an emotional, candid moment during Monday morning’s press briefing. Even as vaccinations accelerate nationwide, coronavirus hospitalizations are also climbing and falling fatalities are starting to plateau. Walensky urged Americans to “just hold on a little longer.”

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> # 5. Biden tells states to reinstate coronavirus mask mandates

> * President Joe Biden followed his CDC director’s comments by urging governors and local leaders who dropped sweeping mask mandates to reinstate their orders. While indicating that some states should wait to reopen their economies, he also condemned “reckless behavior” likely to spur more infections. “We’re giving up hard-fought, hard-won gains,” Biden said in Monday afternoon’s press briefing. “As much as we’re doing America, it’s time to do even more.” He said a failure to take the virus seriously “is precisely what got us in this mess in the first place” and could lead to more infections and deaths.

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#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://finviz.com/futures.ashx)**)

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#YESTERDAY'S MARKET MAP:
######(**[CLICK HERE FOR YESTERDAY'S MARKET MAP!](https://i.imgur.com/xNictav.png)**)

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#TODAY'S MARKET MAP:
######(**[CLICK HERE FOR TODAY'S MARKET MAP!](https://finviz.com/map.ashx)**)

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#YESTERDAY'S S&P SECTORS:
######(**[CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!](https://i.imgur.com/E1d1UYo.png)**)

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#TODAY'S S&P SECTORS:
######(**[CLICK HERE FOR TODAY'S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)

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#TODAY'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!](https://i.imgur.com/Ga2IkoI.png)**)

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#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/Yifrz8S.png)**)

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#THIS WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!](https://i.imgur.com/i3SclJF.png)**)

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#THIS WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!](https://i.imgur.com/a57hPvk.png)**)

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#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/bu7SVo6.jpg)**)

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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!](https://i.imgur.com/yNfbKCT.png)**)

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK!](https://i.imgur.com/O2Wf8PL.png)**)

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#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/6dfbBRN.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/yl11crM.png)**)

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#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/rihCaWP.png)**)

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#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!]()**)
(N/A.)

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#THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

* AMRN
* AMCX
* SPCE
* NU.X
* PYPL
* BIOC
* HOFV
* KNDI
* QELL
* GSX

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#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/03/30/stocks-making-the-biggest-moves-premarket-credit-suisse-paypal-roku-more.html)**)

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> **Discovery Communications, ViacomCBS** – The two media stocks are higher this morning, after being battered amid the liquidation of stocks involving hedge fund Archegos Capital. Discovery rose 1.6% premarket after a 6-day losing streak that stripped nearly 47% of its value, while Viacom gained 1.1% after a 5-day skid that saw it lose 55% of its value.

> #**STOCK SYMBOL:** DISCA

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=DISCA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/DISCA)**)

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> **Nomura Securities, Credit Suisse** – Nomura and Credit Suisse slid again in premarket trading, after tumbling Monday on news of anticipated loss from the fallout of Archegos Capital’s stock sales. Nomura fell 1.9%, while Credit Suisse was down 2.6%.

> #**STOCK SYMBOL:** NMR

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=NMR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/NMR)**)

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> **Albertsons** – The supermarket chain announced a wide-ranging partnership with Alphabet-owned Google that will integrate a variety of Google services to enhance the shopping experience for Albertsons customers.

> #**STOCK SYMBOL:** ACI

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ACI&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/ACI)**)

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> **PayPal Holdings** – PayPal will launch a checkout service allowing U.S. customers to use cryptocurrency holdings when they check out at millions of online merchants. Customers will be given the option of converting cryptocurrency to fiat currencies before they complete their purchases.

> #**STOCK SYMBOL:** PYPL

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PYPL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/PYPL)**)

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> **T-Mobile US** – The wireless carrier will end its “TVision” live TV service at the end of April, and will instead offer its customers discounts to subscribe to Google’s YouTube TV service.

> #**STOCK SYMBOL:** TMUS

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TMUS&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TMUS)**)

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> **McCormick & Co.** – The spice and condiment maker reported adjusted quarterly profit of 72 cents per share, beating consensus estimates by 13 cents, with revenue beating estimates as well. The company also raised its full-year forecast, as the pandemic continues to see more consumers cooking at home. McCormick shares gained 2.1% in premarket action.

> #**STOCK SYMBOL:** MKC

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=MKC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/MKC)**)

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> **Tegna** – The media company increased its quarterly dividend to 9.5 cents per share from the prior 7 cents, payable on July 1 to stockholders of record as of June 4.

> #**STOCK SYMBOL:** TGNA

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TGNA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TGNA)**)

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> **Roku** – The maker of video streaming devices saw its stock rise 1.6% premarket, after Truist Financial upgraded the stock to “buy” from “hold” on what it sees as multiple opportunities for revenue enhancement as well as current valuation.

> #**STOCK SYMBOL:** ROKU

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ROKU&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/ROKU)**)

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> **Yelp** – The review site operator was upgraded to “buy” from “neutral” at Citi, which sees Yelp benefiting from a number of trends over the next few years including restaurant reopenings and reduced sales expenses. Yelp gained 1.8% premarket.

> #**STOCK SYMBOL:** YELP

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=YELP&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/YELP)**)

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> **BioNTech** – The German biotech company’s shares jumped 4.9% premarket after it raised its manufacturing goal for its Covid-19 vaccine to 2.5 billion doses by the end of 2021. Previously, BioNTech’s vaccine partner Pfizer had predicted output of between 2.3 billion and 2.4 billion.

> #**STOCK SYMBOL:** BNTX

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BNTX&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/BNTX)**)

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> **FactSet** – The financial information provider reported adjusted quarterly earnings of $2.72 per share, missing consensus estimates by 2 cents, while revenue was in line with Wall Street forecasts. FactSet also predicted full-year adjusted earnings of $10.75 to $11.15 per share, compared to a consensus estimate of $11.17.

> #**STOCK SYMBOL:** FDS

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=FDS&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/FDS)**)

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> **Becton Dickinson** – The medical-products maker received emergency use authorization from the FDA for a new rapid antigen test that can detect both flu and Covid-19.

> #**STOCK SYMBOL:** BDX

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BDX&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/BDX)**)

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> **DraftKings** – The sports betting company announced the acquisition of sports betting and content company VSiN for an undisclosed amount. DraftKings shares jumped 1% premarket.

> #**STOCK SYMBOL:** DKNG

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=DKNG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)

> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/DKNG)**)

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#**DISCUSS!**

What's on everyone's radar for today's trading day ahead here at r/StockMarket?

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# **I hope you all have an excellent trading day ahead today on this Tuesday, March 30th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/mgenpz/330_tuesdays_premarket_stock_movers_news/

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