Pioneer Natural Resources stock jumps after WSJ report of merger talks with Exxon Mobil

Shares of Pioneer Natural Resources Co. powered up 6.4% toward an eight-week high, to pace the S&P 500's premarket gainers, after the Wall Street Journal reported that the fracking company has held preliminary talks with Exxon Mobil Corp. over a possible acquisition. Exxon's stock fell 0.9% while futures for the S&P 500 shed 0.5%. ahead of Monday's open.

4% toward an eight-week high, to pace the S&P 500's SPX premarket gainers, after the Wall Street Journal reported that the fracking company has held preliminary talks with Exxon Mobil Corp. XOM over a possible acquisition. Exxon's stock fell 0.9% while futures ES00 for the S&P 500 SPX shed 0.5%. ahead of Monday's open.

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