Stock futures were pointing to a strong open for the major indexes on Tuesday, March 6, a positive sign that the fear of a trade war that gripped markets last week and sent the averages tumbling was easing.
Dow Jones Industrial Average futures contracts were rising 0.64%, indicating a rise for the index of 158 points at the open. Nasdaq futures rose 0.66%, while S&P futures rose 0.48%.
Here are the stocks that moving -- up or down -- before the markets open Tuesday.
Derima Inc. (DERM) -- shares rose 10.59%, after dropping nearly 66% in the previous session when the company surprisingly reported that its acne treatment failed its clinical trial. The drug was expected to be worth at least $3 billion.
Intel Corp. (INTC) -- shares gained 1.93% on no new news, building off the 1.57% gain the stock experienced Monday following a bullish note from Instinet Research which raised its price target on the company to $60 from $50 based on the strength of its data center.
Target Corp. (TGT) -- Target shares were falling 4.4 in premarket trading as investors worried about the cost of the company's recently announced reinvention plan to drive more people to its website and store. Target said last year it would spend more than $7 billion to modernize its business over the next three years.
Apple Inc. (AAPL) -- shares of Action Alerts PLUS holding Apple closed trading down less than 0.1% after analysts at Baird reiterated their outperform rating on the stock because they believe the Apple Watch will make up for the iPhone's declining market share.
Nordstrom Inc. (JWN) -- shares of Nordstrom closed the day up 1.14% after the company rejected an offer to take the company private for $50 a share. Nordstrom shares popped earlier this year after the company announced that it would go private. The stock closed Tuesday at $51.90.