Cleantech Solutions Rises 5%, Domino's Pizza Falls 5% in Morning Trading

U.S. stock market traded lower in premarket trading Thursday, with the major indexes retreating from record highs.

Shares of Cleantech Solutions International Inc. (CLNT, Financial) jumped 5% on news that Sharing Economy Investment Ltd., a subsidiary, entered into an exclusivity agreement with 3D Discovery Co. Ltd., a digital marketing services provider, to acquire 51% of its stock.Â

Parkson Yip, Cleantech's chief operating officer, commented on the deal.Â

"We are excited about 3D Discovery's scanning and modeling technology, which will allow everyone with a smartphone to create interactive virtual spaces," he said. "This low-cost, automated and easy-to-use marketing tool can serve a broad range of industries, including property management, hospitality, tourism and event venues, among others. We believe this will be a revolutionary technology that makes creating 3-D virtual spaces as simple as taking photos."

Shares of Domino's Pizza Inc. (DPZ, Financial) fell 5% after the company reported third-quarter EPS of $1.27 on revenue of $643.64 million, beating profit estimates by four cents per share and revenue expectations by $16.29 million. Revenue was up 13.6% year over year.

Gainers

• DXC Technology Co. (DXC, Financial)
• Host Hotels & Resorts Inc. (HST)
• XL Group Ltd. (XL, Financial)
• Fastenal Co. ”‹(FAST)
• Kroger Co. (KR, Financial)
• Synopsys Inc. (SNPS)
• Advanced Micro Devices Inc. (AMD, Financial)
• Netflix Inc. (NFLX)

Losers

• Ulta Beauty Inc. (ULTA, Financial)
• Juniper Networks Inc. (JNPR)
• Viacom Inc. ”‹(VIAB, Financial)
• DISH Network Corp.”‹ (DISH)
• AT&T Inc. (T, Financial)
• Kohl's Corp. (KSS)”‹
• Gap Inc. (GPS, Financial)

Global markets

In Europe, the FTSE 100 gained 0.30% and Germany's DAX rose 0.09%, while France's CAC 40 fell 0.03% and the IBEX 35 declined 0.02%.

In Asia, China’s Shanghai Composite closed lower, but India’s BSE Sensex, Hong Kong’s Hang Seng Index and Japan’s Nikkei 225 were up 1.09%, 0.24% and 0.35% respectively.

Disclosure: The author holds no positions in any stocks mentioned