Big moves for stocks in the premarket

US stock index futures are modestly higher on Thursday after the Dow posted its best day in months on Wednesday as investors await updates to ongoing discussions on fiscal stimulus.

Although there is now uncertainty about negotiating incentives, no matter who wins the election, we are likely to have additional fiscal incentives, “said Nancy Davis, founder and portfolio manager at Quadratic Capital. “With uncertainty, I think it’s important for investors to have a diversified portfolio, with investments that are not interconnected. We should expect more uncertainty ahead, “she added.

Here are some of the stocks that rose before opening:

IBM (IBM) – They say they will separate the managed infrastructure services unit of their global technology services division into a separate public company to allow it to focus on its hybrid cloud growth strategy. The spin-off will take place through a tax-free distribution among IBM shareholders.

Domino’s pizza (DPZ) – Domino’s has earned $ 2.49 per share for its last quarter, ashamed of the consensus of $ 2.79 per share. However, revenue exceeded forecasts and sales in comparable stores in the United States increased by 17.5% compared to the estimate of 13.9% of analysts surveyed by FactSet.

Nikola (NKLA) – The company seeks to restore investor confidence before blocking their shares on November 30, according to the story in today’s Financial Times. The paper says the electric truck maker hopes the technology, which he will present at today’s Mission Hydrogen conference, will help dispel doubts raised by last month’s critical report by Hindenburg Research.

JPMorgan Chase (JPM) – The bank has pledged $ 30 billion over the next five years to tackle racial inequality. The money will go to mortgages for minority borrowers, as well as to affordable housing projects, small business loans.

However, many risks remain on the market, including growing cases of Covid-19 around the world, as well as a slowdown in economic recovery.

The risks we face now – medically, economically and politically – have increased and decreased over the year, so the difficult quarter will be nothing new, “said Brad McMillan, chief investment officer of the Commonwealth Financial Network. “In fact, after the election, there is a good chance that next year will look much better. We will have to wait and see, but for now be prepared for variability – but remember that it will pass, “he added.