Boeing, Adobe slip premarket; RH climbs through Investing.com

Investing.com — U.S. stock index futures were flat in European trade on Friday, as investors held on to expectations of lower interest rates ahead of a Federal Reserve meeting that could herald a wider easing cycle.

By 07:12 ET (11:12 GMT), the contract had added 81 points, or 0.2 percent, was up 11 points, or 0.2 percent, and was up 14 points, or 0.1 percent.

Here are some of the largest providers of US pre-traded stocks today.

Over 30,000 Boeing (NYSE: ) workers are set to strike after employees at the company’s U.S. Pacific Northwest plant voted for a work stoppage over demands for higher pay, presenting more challenges for the aerospace giant. Shares fell more than 3 percent before the opening bell on Wall Street.

from Adobe (NASDAQ: ) fourth-quarter revenue guidance missed analysts’ expectations, sending the Photoshop owner’s stock plummeting. The California-based group said it expects sales in the period to come in at $5.50 billion to $5.55 billion, below LSEG’s forecast of $5.61 billion, Reuters reported.

SHARES Modern (NASDAQ: ) fell before the market, pointing to an extension of the previous session’s deep losses, as analysts downgraded the drugmaker after it delayed its profitability target.

Upwork (NASDAQ: ) Shares rose after CNBC reported that activist investor Engine Capital held about a 4 percent stake in the independent market and is seeking a reorganization of its board because of the company’s “fundamental issues.”

The Biden administration announced Friday that it will propose new trade rules aimed at reducing the number of tax and duty exemptions for shipments containing low-value goods. American Depositary Receipts of China PDD Holdings (NASDAQ: ) — owner of online discount retailer Temu — and e-commerce group Alibaba (NYSE: ) fell.

RH (NYSE: ) Shares rose after the furniture retailer posted better-than-expected revenue and profit in the second quarter and said it saw an improvement in customer demand.

Vistra Energy Corp . (NYSE: ) shares rose after analysts at Jefferies named the company their top pick and launched coverage of the energy segment with a constructive outlook.