Autoliv Inc. (ALV) displayed a strong performance in pre-market trading, with a 5.7% increase, while Organon & Co. (OGN) saw a rise of 4.2%.
Halozyme Therapeutics Inc. (HALO), Comerica Inc. (CMA), and NiSource Inc. (NI) all experienced gains of at least 3%, demonstrating positive momentum. On the other hand, Interpublic Group of Cos. (IPG) and Sirius XM Holdings Inc. (SIRI) encountered declines in early trading, with drops of 10.3% and 8.3%, respectively.
S&P 500 futures showed a promising start, rising by 0.26%, while futures for the Dow Jones Industrial Average displayed a modest increase of 0.06%. The Cboe Volatility Index futures witnessed a decline of 0.38%.
Brent crude oil futures demonstrated a rise of 1.10%, indicating favorable conditions within the commodities market. Conversely, gold futures experienced a decrease of 0.27%. Meanwhile, Bitcoin showcased a slight increase of 0.13%, reaching $29,743.
The 10-Year Treasury yield slipped to 3.846%.
Previous Trading Session
During the prior regular trading session, the S&P 500 experienced a decline of 0.68%, while the Dow exhibited growth with an increase of 0.47%. In Asia, stocks saw a downturn overnight, with Japan’s NIKKEI 225 Index down 0.57% and China’s Shanghai Composite Index falling 0.06%.
European Market Update
European stocks are currently on an upward trajectory, with the STOXX Europe 600 Index witnessing an increase of 0.04%, and the FTSE 100 Index rising by 0.12% from the previous close.
U.S. stock markets will open for trading at 9:30 a.m. ET. Stay tuned for regular updates throughout the trading day.