Chart Industries, Flowserve both rise following merger pact

From Yahoo Finance: 2025-06-05 09:06:00

Stock market futures are slightly lower as investors weigh tariff and jobs concerns. President Trump urges the Fed to lower rates after ADP reports a meager 37,000 increase in private payrolls. Dollar Tree warns of profit pressure from import costs.

Oil prices remain steady amid easing Canadian wildfire risks. Uniswap’s token surges above $6.75 on signs of accumulation by larger investors. S&P 500, Nasdaq, and Dow futures all decline in pre-market trading.

Top movers on Wall Street include Chart Industries (GTLS) and Flowserve (FLS) up 6% and 4%, respectively, after announcing an all-stock merger of equals. Guidewire (GWRE) is up 13% after earnings, while Sportsman’s Warehouse (SPWH) is down 4%.

Other stocks up after earnings include REV Group (REVG) up 10%, Genesco (GCO) up 9%, Thor Industries (THO) up 8%, and HP Enterprise (HPE) up 6%. Down after earnings are Dollar Tree (DLTR) down 2% and CrowdStrike (CRWD) down 7%.

Read more: Chart Industries, Flowserve both rise following merger pact