The Latest Breaking News from Benzinga

Stocks advanced on Tuesday as weak economic data suggested that the Federal Reserve's hawkish monetary policy is having an impact and benchmark Treasury yields were falling, which fueled the surge. Tuesday’s moves add to the rallies in previous sessions that have driven the S&P 500 4% higher in the last five…

U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

Pre-open movers

Gainers Taysha Gene Therapies, Inc. (NASDAQ: TSHA) surged 97.4% to close at $2.98 after Astellas Pharma Inc announced it will invest a total of $50 million to acquire 15% of the company.

Companies Reporting Before The Bell • LG Display Co (NYSE:LPL) is projected to report quarterly loss at $0.41 per share on revenue of $4.90 billion.

Hong Kong shares opened in the green on Wednesday, with the benchmark Hang Seng gaining 2.5%, as investors began considering the possibility of slowing aggression by the Federal Reserve when it announces its monetary policy next week. 

Ethereum spiked and Bitcoin turned green Tuesday evening as the global cryptocurrency market cap rose 4.6% to $972.5 billion at 9:23 p.m. EDT.

The Chair of the Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has sent a letter to Federal Reserve Chair Jerome Powell, reminding him about the central bank’s dual mandate and asking him not to forget his responsibilities to 

Gainers MaxLinear (NASDAQ:MXL) stock increased by 5.2% to $34.25 during Tuesday's after-market session. The market value of their outstanding shares is at $2.6 billion. As per the press release, Q3 earnings came out today.