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Stock Market Update


As the U.S. stock markets prepare to open in two hours, several companies are already making notable gains. Yum China Holdings Inc. (YUMC) saw a significant increase of 13.6% in pre-market trading, while Enphase Energy Inc. (ENPH) rose by 13.3%.

Other companies experiencing positive movement include AZEK Co. Inc. (AZEK), Fortinet Inc. (FTNT), and Tenable Holdings Ltd. (TENB), all posting gains of at least 7%. However, Snap Inc. (SNAP) and VF Corp. (VFC) faced declines, with decreases of 30.4% and 10.0%, respectively.

Futures and Commodities

Looking at the futures market, the S&P 500 futures show a slight decline of 0.04%, while futures for the Dow Jones Industrial Average are down 0.15%. Additionally, the Cboe Volatility Index futures have decreased by 3.56%.

In commodities news, Brent crude oil futures indicate an increase of 0.79%, while gold futures reflect a 0.15% decrease. Bitcoin also experienced a decline of 0.34%, with its value at $42,927.

Other Market Data

The 10-Year Treasury yield has climbed to 4.129%, suggesting an upward trend.

In the previous regular trading session, the S&P 500 and the Dow performed well, with increases of 0.23% and 0.37% respectively. Asian stocks had a mixed performance overnight, with Japan’s NIKKEI 225 Index down by 0.11%, while China’s Shanghai Composite Index increased by 1.44%.

As for the European market, stocks are currently down, with the STOXX Europe 600 Index dropping by 0.24% and the FTSE 100 Index falling by 0.38% from the previous session’s close.

The U.S. stock markets are set to open for trading at 9:30 a.m. ET. For regular updates throughout the trading day, you can visit our website.

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