Stock Market

S&P 500 Futures Drop in Premarket Trading; Tesla, Otis Worldwide Lag


With U.S. stock markets set to open in two hours, Tenet Healthcare Corp. (THC) was up 5.1% in pre-market trading, and Seagate Technology Holdings PLC (STX) was up 4.9%.

Avantor Inc. (AVTR), Enphase Energy Inc. (ENPH), and Matador Resources Co. (MTDR) were all posting gains of at least 3%. In early trading, Tesla Inc. (TSLA) and Otis Worldwide Corp. (OTIS) had posted declines, falling 8.5% and 6.4%, respectively.

Meanwhile…

With U.S. stock markets set to open in two hours,

Tenet Healthcare Corp.

(THC) was up 5.1% in pre-market trading, and

Seagate Technology Holdings PLC

(STX) was up 4.9%.

Avantor Inc.

(AVTR),

Enphase Energy Inc.

(ENPH), and

Matador Resources Co.

(MTDR) were all posting gains of at least 3%. In early trading,

Tesla Inc.

(TSLA) and

Otis Worldwide Corp.

(OTIS) had posted declines, falling 8.5% and 6.4%, respectively.

Meanwhile

S&P 500 futures

were down 0.71%, with

futures for the Dow Jones Industrial Average

falling 0.39%.

The Cboe Volatility Index

futures were down 1.85%.

In commodities news,

Brent crude oil futures

were up 0.84%, while

gold futures

were up 0.22%.


Bitcoin

climbed 1.51% to $66,486.

The

10-Year Treasury yield

dropped to 4.241%.

Advertisement – Scroll to Continue


In the previous regular trading session, the


S&P 500

and the


Dow

were down 0.16% and 0.14%, respectively. Stocks in Asia were down overnight, with Japan’s


NIKKEI 225 Index

down 1.11% and China’s


Shanghai Composite Index

falling 0.46%.

In afternoon trading, stocks in Europe are down, with the


STOXX Europe 600 Index

declining 0.39% and the


FTSE 100 Index

falling 0.15% from the previous close.

U.S. stock markets open for trading at 9:30 a.m. ET. For regular updates on the trading day, visit Barron’s.

Advertisement – Scroll to Continue



Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



Source link

Leave a Reply