Globus Medical Inc. (GMED) and Western Midstream Partners L.P. (WES) reflect positive pre-market trading trends, gaining 4.4% and 4.0% respectively.
Option Care Health Inc. (OPCH), D.R. Horton Inc. (DHI), and AMC Entertainment Holdings Inc. Cl A (AMC) are also experiencing gains of at least 2%. However, On Holding AG (ONON) and Discover Financial Services (DFS) have encountered declines, falling 7.9% and 6.6% respectively.
Market Futures Signal a Slight Downturn
As the opening bell approaches, S&P 500 futures indicate a 0.60% decrease, closely followed by futures for the Dow Jones Industrial Average, falling 0.63%. Additionally, the Cboe Volatility Index futures are down 3.07%.
Commodity News Update
Brent crude oil futures takes a dip of 0.81%, while gold futures slightly decrease by 0.53%. Simultaneously, Bitcoin experiences a minimal decline of 0.04% and settles at $29,359.
10-Year Treasury Yields Rise
The yield for the 10-Year Treasury has risen to 4.223%.
Global Market Overview
During the previous regular trading session, the S&P 500 saw a positive growth of 0.58%, whereas the Dow increased by 0.07%. In Asian markets, there is a mixture of gains and losses as Japan’s NIKKEI 225 Index rises by 0.56%, while China’s Shanghai Composite Index falls by 0.07%.
As for European markets, stocks are demonstrating a downward trend: the STOXX Europe 600 Index drops 1.06% and the FTSE 100 Index experiences a decline of 1.48% from the previous closing.
Trading Day Begins
U.S. stock markets are scheduled to open at 9:30 a.m. ET for daily trading activities. Stay updated on the market’s performance throughout the day.