© Reuters
Investing.com — U.S. traded higher Wednesday, boosted by dovish comments from a top Fed official, raising hopes that the U.S. central bank has completed its series of rate increases.
Here are some of the biggest premarket U.S. stock movers today:
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General Motors (NYSE:) stock rose 8.9% after the auto giant reinstated its 2023 guidance, plans to boost its dividend by 33% and announced a $10 billion accelerated share buyback.
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Dollar Tree (NASDAQ:) stock fell 2.1% after the discount retailer missed expectations with its quarterly earnings and sales, citing “softer demand from low-income households.”
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Foot Locker (NYSE:) stock soared over 9.1% after the athletic apparel retailer reported better-than-expected earnings and a shallower than anticipated slide in sales in the third quarter, although the athletic apparel retailer narrowed its full-year earnings guidance due to “ongoing consumer uncertainty.”
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CrowdStrike (NASDAQ:) stock rose 2.4% after the cybersecurity company raised its annual guidance after reporting third-quarter results that topped expectations as a ramp-up in cybersecurity subscription revenue boosted performance.
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Workday…
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