U.S. stock markets are poised to open with promising gains in the next two hours. As of pre-market trading, Pinterest Inc. (PINS) has surged 16.5%, while Arista Networks Inc. (ANET) has seen a 10.7% increase.
Several other companies are also experiencing positive momentum. Zebra Technologies Corp. Cl A (ZBRA), New York Community Bancorp Inc. (NYCB), and Global Payments Inc. (GPN) have all recorded gains of at least 5%. However, Sarepta Therapeutics Inc. (SRPT) and Lattice Semiconductor Corp. (LSCC) have faced declines, dropping 43.8% and 16.0% respectively.
The S&P 500 futures are up by 0.27%, with Dow Jones Industrial Average futures rising by 0.38%. Additionally, the Cboe Volatility Index futures have gained 2.74%.
In the commodities market, there are positive movements as well. Brent crude oil futures have increased by 0.52%, while gold futures have risen by 0.13%. Bitcoin has also experienced a slight rise of 0.01% to reach $34,468.
Treasury Yield Update
The 10-Year Treasury yield has slipped to 4.831%.
Previous Trading Session
During the previous regular trading session, the S&P 500 and the Dow exhibited strong performance, recording gains of 1.20% and 1.58% respectively. Meanwhile, Asian stocks displayed a mixed trend overnight, with Japan’s NIKKEI 225 Index increasing by 0.53%, while China’s Shanghai Composite Index fell by 0.09%.
European Market Update
In afternoon trading, European stocks are on an upward trajectory. The STOXX Europe 600 Index has risen by 0.73%, and the FTSE 100 Index has climbed by 0.50% from the previous close.