Stocks were poised to start the week with gains Monday, on hopes that Republicans will succeed in passing tax reform.
S&P 500 futures are up 0.4%, Dow Jones Industrial Average Futures are up 0.7%, and Nasdaq futures are up 0.4%.
Akamai Technologies (AKAM) is up 13% on news that activist hedge fund Elliott Management has taken a 6.5% stake in the company and is urging changes. Credit Suisse also upgraded the shares to
Phillips 66 Partners (PSXP) is up 2.3% after Goldman Sachs upgraded it to Buy.
Twitter (TWTR) is up 4.8% after JPMorgan upgraded it to Overweight.
Advanced Micro Devices (AMD) is up 1.9% after Macquarie upgraded it to Neutral.
VMWare (VMW) is up 1.8% after Keybanc Capital Markets upgraded it to Overweight.
Boston Beer (SAM) is up 1.6% after Berenberg upgraded it to Hold.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.