As the U.S. stock markets prepare to open, several companies have already shown promising gains in pre-market trading. SentinelOne Inc. (S) has seen a rise of 7.1%, while Super Micro Computer Inc. (SMCI) has experienced a 6.9% increase.
Other notable gainers include Intra-Cellular Therapies Inc. (ITCI), CDW Corp. (CDW), and SoFi Technologies Inc. (SOFI), all boasting gains of at least 3%. However, Archer Daniels Midland Co. (ADM) and ATI Inc. (ATI) have started the day with declines of 12.4% and 3.9%, respectively.
In broader market news, futures for the S&P 500 are up 0.35%, while futures for the Dow Jones Industrial Average have risen by 0.17%. Conversely, the Cboe Volatility Index futures have experienced a decline of 3.00%.
Shifting our attention to commodities, Brent crude oil futures have increased by 0.14%, while gold futures have seen a slight drop of 0.01%. Meanwhile, Bitcoin’s value has decreased by 2.49% and currently stands at $40,762.
Additionally, the 10-Year Treasury yield has dropped to 4.095%.
Looking back at the previous trading session, the S&P 500 closed with a gain of 1.23%, and the Dow Jones Industrial Average rose by 1.05%. Overnight in Asia, the NIKKEI 225 Index in Japan experienced a 1.62% increase, while China’s Shanghai Composite Index saw a decline of 2.68%.
In European markets, stocks are showing positive signs, with the STOXX Europe 600 Index rising by 0.53% and the FTSE 100 Index increasing by 0.09% from the previous day’s close.
