US Steel, Illumina, Nio rise premarket; Apple, Southwest, Roku fall By

-- U.S. largely edged higher Monday at the start of the final full trading week of the year,is metatrader4 a formal platform continuing the recent rally with more Fed policymakers due to speak.

Here are some of the biggest premarket U.S. stock movers today:

• United States Steel Corporation(NYSE:) stock soared 28% after Japan's Nippon Steel said it would buy the steelmaker in a deal worth $14.9 billion including debt.

• Apple(NASDAQ:) stock fell 0.5% after Bloomberg reported that more Chinese agencies and state-backed companies have asked their staff to not bring iPhones to work.

• Southwest Airlines(NYSE:) stock fell 0.4% after the carrier agreed to a $140 million penalty over the December 2022 holiday meltdown that led to 16,900 flight cancellations and stranded 2 million passengers.

• Illumina(NASDAQ:) stock rose 5.3% after the gene sequencing company said it would divest cancer diagnostic test maker Grail after difficulties from U.S. and European antitrust enforcers.

• Nio(NYSE:) ADRs rose 9.2% after the Chinese electric vehicle manufacturer signed an agreement with CYVN Holdings, an investment vehicle based in Abu Dhabi, in which the latter agreed to invest $2.2 billion.

• Wyndham Hotels & Resorts(NYSE:) stock rose 1% after the budget hotel operator asked its shareholders to reject the takeover offer from Choice Hotels(NYSE:), citing a regulatory review of up to 24 months and lower valuation.

• Salesforce(NYSE:) stock rose 1.1% after Wolfe Research upgraded its stance on the software company to ‘outperform’ from ’peer perform’, saying the outlook for the company improved significantly.

• (NASDAQ:) stock fell 2.8% after Seaport Research downgraded the streaming device maker to ‘sell’ from ‘neutral’, citing valuation with its shares having risen 135% year-to-date.

• Innovations(NYSE:) stock rose 8.9% after door maker Masonite International(NYSE:), down 1.9%, said it will acquire the manufacturer and supplier of windows and doors for $3 billion in a bid to expand its business.

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