These 10 Stocks Rallied as Producer Inflation Plunged: Here's Why
Three gold miners, two asset-management giants and a high-flying semiconductor were among the large-cap movers on the pre-market board following a cooler-than-expected producer inflation report on Wednesday. Producer prices fell 0.3% in June, the softest monthly print since April 2025, a day after consumer inflation posted its steepest monthly decline since April 2020. According to Pro data, here are the best-performing stocks with a market cap above $50 billion in the 30 minutes of pre-market trading following the release, from 8:30 a.m. to 9:00 a.m. ET. 10. Robinhood Markets Inc. Robinhood Markets Inc. (NASDAQ: HOOD ) rose 1.04%. As stock futures rose, retail brokerages carry a direct link to risk appetite, and a market pricing a less aggressive rate path is a market that trades more. 9. Barrick Mining Corp. Barrick Mining Corp. (NYSE: B ) added 1.04%, as gold advanced 0.46% to $4,0...
Three gold miners, two asset-management giants and a high-flying semiconductor were among the large-cap movers on the pre-market board following a cooler-than-expected producer inflation report on Wednesday.
Producer prices fell 0.3% in June, the softest monthly print since April 2025, a day after consumer inflation posted its steepest monthly decline since April 2020.
According to Pro data, here are the best-performing stocks with a market cap above $50 billion in the 30 minutes of pre-market trading following the release, from 8:30 a.m. to 9:00 a.m.
ET.
10.
Robinhood Markets Inc.
Robinhood Markets Inc. (NASDAQ: HOOD ) rose 1.04%.
As stock futures rose, retail brokerages carry a direct link to risk appetite, and a market pricing a less aggressive rate path is a market that trades more.
9.
Barrick Mining Corp.
Barrick Mining Corp. (NYSE: B ) added 1.04%, as gold advanced 0.46% to $4,058.78 an ounce.
8.
Blackstone Inc.
Blackstone Inc. (NYSE: BX ) gained 1.05%.
7.
Shopify Inc.
Shopify Inc. (NASDAQ: SHOP ) rose 1.08%.
6.
Marvell Technology Inc.
Marvell Technology Inc. (NASDAQ: MRVL ) climbed 1.10%.
5.
Agnico Eagle Mines Ltd.
Agnico Eagle Mines Ltd. (NYSE: AEM ) rose 1.16%, reflecting gold’s rebound.
4.
BlackRock Inc.
BlackRock Inc. (NYSE: BLK ) gained 1.20%, fueled by strong-than-expected second quarter earnings.
3.
Bloom Energy Corp.
Bloom Energy Corp. (NYSE: BE ) advanced 1.23%, as lower Treasury yields helped stocks with high multiples.
2.
Newmont Corp.
Newmont Corp. (NYSE: NEM ) rose 1.29%, the largest gold producer on the list and the second-best performer on the board.
1.
Bank of Nova Scotia Bank of Nova Scotia (NYSE: BNS ) led the entire board at 1.99%.
A softer dollar and a lower North American front end both cut in the bank’s favor, and it is the only commercial lender on the board.
Top Large-Cap Gainers After June PPI Rank Ticker Company Price Change 1 BNS Bank of Nova Scotia $90.52 +1.99% 2 NEM Newmont Corp. $95.22 +1.29% 3 BE Bloom Energy Corp. $247.72 +1.23% 4 BLK BlackRock Inc. $1,080.00 +1.20% 5 AEM Agnico Eagle Mines Ltd. $145.00 +1.16% 6 MRVL Marvell Technology Inc. $224.95 +1.10% 7 SHOP Shopify Inc. $126.00 +1.08% 8 BX Blackstone Inc. $126.88 +1.05% 9 B Barrick Mining Corp. $36.60 +1.04% 10 HOOD Robinhood Markets Inc. $114.58 +1.04% Pro – 8:30 a.m. – 9:00 a.m.