These are the stocks posting the largest moves in premarket trading.
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Microsoft’s underperformance has investors looking to cloud for growth
Microsoft’s stock has badly lagged its tech peers in the past year as cloud growth has been basically stagnant in recent quarters.
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.
Portfolio manager says a ‘healthy’ correction could come if earnings and growth stall
Brian Arcese, portfolio manager of Foord Asset Management, said slowing earnings or GDP growth could cause a correction.