As the U.S. stock markets gear up to open in just two hours, here’s a quick look at the latest pre-market trading activity:
- MicroStrategy Inc. (MSTR) is showing a promising start, with a 7.6% increase.
- Coinbase Global Inc. (COIN) is also off to a strong start, with a 7.5% increase.
Other notable gainers include:
- Science Applications International Corp. (SAIC)
- Carvana Co. Cl A (CVNA)
- Uber Technologies Inc. (UBER)
These companies are all posting gains of at least 5%. However, there are a couple of decliners as well:
- dLocal Ltd. (DLO) is down 3.6%.
- AngloGold Ashanti PLC (AU) is down 3.5%.
Let’s take a look at the futures market:
- S&P 500 futures show a decline of 0.37%.
- Dow Jones Industrial Average futures are also falling, down 0.25%.
- Cboe Volatility Index futures are down by 0.36%.
Moving on to commodities news:
- Brent crude oil futures are down by 0.56%.
- Gold futures are experiencing a slight dip of 0.05%.
In the world of cryptocurrencies:
- Bitcoin is up by an impressive 3.61%, reaching a value of $40,410.
Furthermore, the 10-Year Treasury yield has climbed to 4.254%.
Taking a quick look at the previous trading session, we saw positive movements in the market:
- The S&P 500 showed a gain of 0.59%.
- The Dow Jones experienced an even greater increase, rising by 0.82%.
However, stocks in Asia didn’t fare as well:
- Japan’s NIKKEI 225 Index dropped by 0.60%.
- China’s Shanghai Composite Index fell by 0.29%.
Currently, in afternoon trading, European stocks are also facing a downward trend:
- The STOXX Europe 600 Index is declining by 0.13%.
- The FTSE 100 Index is falling by 0.44% compared to the previous close.
Remember, U.S. stock markets open for trading at 9:30 a.m. ET. Stay updated on the latest trading day developments by visiting our website.