Hour Loop, Inc. shares rise 3.52% premarket after Apple Watch Ultra 3 launch.

Hour Loop, Inc. rose 3.52% in premarket trading. The increase in stock price may be attributed to the broader market sentiment, as stocks, the dollar, commodities, and bond yields mostly rose on Tuesday. Investors are digesting record downward revisions to U.S. job growth figures and looking ahead to U.S. inflation data later in the week. Additionally, the introduction of the Apple Watch Ultra 3, which offers expanded health, fitness, safety, and connectivity features, may have positively impacted the stock price.