These are the stocks posting the largest moves before the bell.Market Insiderread more
U.S. stock futures pointed to a higher open on Monday as Treasury yields rebounded to quell fears of a possible recession.US Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Dow to jump; Trump defends economy; Huawei hopes for US reprieve; Trump and Apple's Tim Cook meet; president ties Hong Kong protests to China trade disputeMarketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ugg-owner Deckers is getting a welcome boost from its increasingly popular sneaker brand, Hoka.
Susquehanna Financial Group analyst Sam Poser on Tuesday upgraded his firm's rating on Deckers shares to a positive rating from neutral, saying momentum at the Hoka brand in particular "is accelerating faster than we previously anticipated." Susquehanna also raised its price target for the stock to $169 from $161.
Deckers stock rose more than 4% Tuesday to trade around $144 per share. The stock has rallied about 45% over the past year.
Hoka, known for its colorful and cushioned running shoes, was founded in France in 2009 and bought by Deckers in 2013.
It's gaining in popularity among younger shoppers, largely because it's inked partnerships with trendy, up-and-coming retailers like Engineered Garments and Outdoor Voices to get its products in front of millennials.
The partnerships have nudged Hoka further into the lifestyle shoe category, which has been growing faster than performance shoes in the U.S. More and more consumers are turning to sneakers, not for trips to the gym, but to wear around day to day.
Rapper Kanye West — who boasts his own line of Yeezy shoes by Adidas — was recently spotted wearing a Hoka boot. The style immediately sold out online.
Susquehanna's Poser said the Hoka brand has a "long runway for further expansion."
He said the "buzz generated by the [Kanye West] photo was organic and authentic, creating a halo effect for the entire brand."
Susquehanna is estimating the Hoka brand will surpass $300 million in sales by fiscal 2021 and $500 million in sales by 2025. Revenue has climbed roughly 40% for the brand over the past three years. The firm is counting on Deckers to use its own "Ugg playbook to methodically build out the brand and carefully allocate and segment Hoka product."