The U.S. stock markets are preparing to open soon, with some stocks already showing positive movement before the bell. SoFi Technologies Inc. (SOFI) is up 9.1% in pre-market trading, while ZoomInfo Technologies Inc. (ZI) has also seen a gain of 5.1%.
Several other companies are posting gains as well. Lucid Group Inc. (LCID), Flowserve Corp. (FLS), and Pool Corp. (POOL) have all reported at least a 4% increase. On the other hand, MarketAxess Holdings Inc. (MKTX) and Revvity Inc. (RVTY) have experienced declines, falling 11.1% and 9.1% respectively.
Market Futures
As we await the market opening, the S&P 500 futures are up by 0.08%. However, futures for the Dow Jones Industrial Average are down by 0.02%. The Cboe Volatility Index futures have shown a decline of 0.49%.
Commodity Update
In the commodities market, Brent crude oil futures have seen a slight increase of 0.07%, while gold futures have risen by 0.58%. Bitcoin has also climbed by 0.57% to reach $42,254.
Treasury Yield
The 10-Year Treasury yield has slipped to 4.106%.
Recap of Previous Trading Session
In the previous regular trading session, the S&P 500 experienced a slight decline of 0.07%, while the Dow showed a small increase of 0.16%. Overnight, stock markets in Asia were mixed, with Japan's NIKKEI 225 Index rising by 0.77% and China's Shanghai Composite Index falling by 0.92%.
European Market Updates
In afternoon trading, European stocks are showing positive movement. The STOXX Europe 600 Index has increased by 0.01%, and the FTSE 100 Index has climbed by 0.15% compared to the previous close.
Remember that U.S. stock markets will open for trading at 9:30 a.m. ET.
