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Overseas Shipholding Group shares are trading higher after the company announced it entered into a definitive merger agreement to be acquired by Saltchuk Resources.
Gold is trading higher. Catalysts may include Middle East uncertainty following the death of Iranian President Raisi and continued momentum amid US Fed policy outlook and recent buying from China this year.
Micron shares are trading higher after Morgan Stanley upgraded the stock from Underweight to Equal-Weight and raised its price target from $98 to $130.