markets
LCID +2.59% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
LCID jumps +2.59% pre-market to $4.7395 against a rising rate-hike backdrop.
Pre-market tape shows broad risk-on tone — SPY +0.29% to $754.1105, QQQ +0.56% to $724.14 — even as rate hike odds hit 73% by September. LCID is outpacing the move, though volume is thin and pre-market gaps frequently fade at the open. IONQ +1.65% and COIN +0.80% confirm speculative names leading early.
Watch: $4.62 prior close as the line between gap-fill and continuation — a hold above opens a run toward $5.00. If rate-hike narrative stiffens into the open, watch QQQ $724.14 for direction on whether high-beta names like LCID can sustain pre-market gains.