Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company serving customers around the world. A graduate of the Warsaw School of Economics (SGH), he has more than two decades of experience in telecommunications, satellite services and technology ventures. He writes about satellite communications, space technology, artificial intelligence and the stock market, with a particular focus on technology companies, semiconductors, emerging industries and the trends shaping global innovation. Follow Marcin Frąckiewicz on Google News, Facebook. or Linkedin.

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U.S. equity futures remained tightly range-bound in the latest premarket hour, with S&P 500 futures up about 0.05% while Dow futures slipped 0.21%. The quiet index-level move masked much larger swings in individual stocks, led by Reddit and Nu Holdings.
Reddit (NYSE:RDDT) was up about 11.2% in the latest premarket trading, making it one of the session's largest liquid U.S. stock movers. The rally follows the company's selection for inclusion in the S&P 500, a change that can generate substantial index-fund demand for the shares.
Nu Holdings (NYSE:NU) was also trading sharply higher, up about 9.7%, while Procore Technologies, Sandisk and AAON were each showing gains of more than 6%. On the downside, Essex Property Trust was off roughly 10.2% and Range Resources was down about 7.3%.
| Stock | Ticker | Move |
|---|---|---|
| RDDT | +11.2% | |
| Nu Holdings | NU | +9.7% |
| Essex Property Trust | ESS | −10.2% |
| Range Resources | RRC | −7.3% |
The broader futures market remained restrained as higher crude prices continued to reflect Middle East geopolitical risk. Brent futures were recently up about 0.16%, while gold futures slipped around 0.20%. The combination of firmer oil and a 4.656% 10-year Treasury yield is keeping the major equity indexes from following the strongest individual premarket gainers higher.