With just two hours before the opening of the U.S. stock markets, several notable companies have already shown promising gains. Eli Lilly & Co. (LLY) saw an impressive increase of 8.3% in pre-market trading, while AMC Entertainment Holdings Inc. Cl A (AMC) had a modest rise of 2.9%.
In addition, Atkore Inc. (ATKR), Edison International (EIX), and Howmet Aerospace Inc. (HWM) all experienced gains of at least 2%. However, it wasn’t all positive news as Datadog Inc. Cl A (DDOG) and International Flavors & Fragrances Inc. (IFF) saw declines of 23.0% and 22.7%, respectively.
Looking ahead to the market opening, S&P 500 futures indicate a decrease of 0.72%, while futures for the Dow Jones Industrial Average show a decline of 0.66%. The Cboe Volatility Index futures are down by 6.63%.
Moving on to commodity news, Brent crude oil futures have dropped by 1.65%, while gold futures show a slight decrease of 0.16%. On the other hand, Bitcoin has climbed by 0.53% and is currently at $29,313.
Furthermore, the 10-Year Treasury yield has slipped to 3.988%.
Recapping the previous regular trading session, the S&P 500 saw a gain of 0.90%, while the Dow experienced an even higher increase of 1.16%. In Asia, stock performances were mixed, with Japan’s NIKKEI 225 Index rising by 0.38% and China’s Shanghai Composite Index falling by 0.25%.
As for Europe, stocks are currently experiencing declines in the afternoon trading session. The STOXX Europe 600 Index is down by 0.55%, and the FTSE 100 Index has dropped by 0.67% compared to the previous close.
It’s worth mentioning that the U.S. stock markets will open for trading at 9:30 a.m. ET. For live updates on the trading day, please visit our website.