The U.S. stock markets are set to open in two hours, and there are some notable movements in pre-market trading. Here’s a rundown of the latest developments:
Upward Movements
- Natera Inc. (NTRA) is up 8.1%.
- Confluent Inc. (CFLT) has risen by 5.5%.
Gaining Ground
Several other stocks have also seen gains of at least 3%:
- Maplebear Inc. (CART)
- Kenvue Inc. (KVUE)
- Brixmor Property Group Inc. (BRX)
Declines in Early Trading
However, not all stocks are experiencing positive movements. Principal Financial Group Inc. (PFG) and Spotify Technology S.A. (SPOT) have posted declines, falling 5.2% and 4.0% respectively.
Market Futures
Looking at the futures market, there is a slight drop in sentiment:
- The S&P 500 futures are down 0.33%.
- Futures for the Dow Jones Industrial Average have also fallen by 0.33%.
Additionally, the Cboe Volatility Index futures are up 2.12%.
Commodities Update
In commodities news, we see the following changes:
- Brent crude oil futures have dropped by 1.47%.
- Gold futures have risen by 0.01%.
Meanwhile, Bitcoin has experienced a decline, falling 1.91% to $42,617.
Treasury Yields
The 10-Year Treasury yield has risen to 4.069%.
Previous Trading Session
In the previous regular trading session:
- The S&P 500 was down 0.37%.
- The Dow experienced a decline of 0.62%.
Additionally, stocks in Asia were down overnight:
- Japan’s NIKKEI 225 Index fell by 0.40%.
- China’s Shanghai Composite Index dropped by 2.09%.
European Market Update
As of the afternoon, European stocks are also experiencing declines:
- The STOXX Europe 600 Index is falling by 1.27%.
- The FTSE 100 Index has declined by 1.77% since the previous close.
Market Opening
U.S. stock markets will open for trading at 9:30 a.m. ET.