US stock futures flat. Urban Outfitters upbeat on the consumer ...Middle East

The bounce comes after US 30-year yields backed off the 2023 high of 5.17% and are down to 5.11%.

“Despite the noise in the headlines and the broader economic uncertainty, our customers continued to show resilience in Q1. We haven't seen any signs of a demand slowdown," said Richard Hayne, CEO. “May to date, we see the comp sales being very similar to the Q1 print.”

Here are some other pre-market movers:

Advance Auto Parts +30% on smaller-than-expected loss and revenue beatNike +1% after announcing return to Amazon and price hikesHumana -6% on Medicare Advantage audit concernsCVS Health -4% on Medicare audit newsUnitedHealth -3% on Medicare audit newsAnalog Devices +3% after beating Q2 earnings and revenue estimatesLumen Technologies +9% after AT&T deal for fiber businessAT&T flat on Lumen acquisition newsSnowflake +8% after earnings beat and strong guidanceSunrun -30% on Republican tax bill impact on clean energyEnphase, SolarEdge -17%, Array -10%, Nextracker -4%, First Solar -1% on solar sector selloffZoom -1% despite earnings beat and solid forecastPitney Bowes +9% after naming Kurt Wolf as new CEO This article was written by Adam Button at www.forexlive.com.

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