Wendy's Traders Smell a Buyout Cooking — Nelson Peltz Preps a Bid

Crude Oil Moves Higher; Dollar General Shares Gain After Upbeat Q2 Earnings

U.S. stocks traded higher, Dow up 0.20%, NASDAQ up 1.05%, S&P 500 up 0.47%. Tech shares jumped 2.4% while consumer staples fell 1%. Dollar General gained 5% on strong earnings. Propanc Biopharma soared 157%. Okta and Veeva Systems also rose. Build-A-Bear Workshop and Healthequity fell on earnings. European and Asian markets closed mostly lower.

QUICK SPARK: Wendy's Take-Private Deal Is Off — For Now

Wendy's stock sheds 14% Thursday morning after Reuters reports Peltz's Trian will not make a bid for the company at this time.

Wendy's shares are trading lower following a report suggesting that Nelson Peltz's Trian Fund is not making a take-private bid for the company.

HP, Best Buy Dollar Tree And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session

U.S. stock futures mixed, HP Inc shares fall in pre-market trading after beating earnings estimates and raising guidance. Other stocks also down.