S&P 500 Futures Climb In Premarket Trading; Pure Storage, Okta Lead

Dow Jones
2024-12-04

This article was automatically generated by Barrons.com using technology from Automated Insights.

With U.S. stock markets set to open in two hours, Pure Storage Inc. Cl A (PSTG) was up 21.6% in pre-market trading, and Okta Inc. Cl A (OKTA) was up 13.6%.

Marvell Technology Inc. $(MRVL)$, Salesforce Inc. $(CRM)$, and Stevanato Group S.p.A. (STVN) were all posting gains of at least 7%. In early trading, GXO Logistics Inc. (GXO) and Chewy Inc. Cl A $(CHWY)$ had posted declines, falling 7.6% and 7.2%, respectively.

Meanwhile S&P 500 futures were up 0.30%, with futures for the Dow Jones Industrial Average rising 0.46%. The Cboe Volatility Index futures were down 1.49%.

In commodities news, Brent crude oil futures were down 0.07%, and gold futures were down 0.11%. Bitcoin was up 0.28% to $95,943.

The 10-Year Treasury yield climbed to 4.264%.

In the previous regular trading session, the S&P 500 was up 0.05%, while the Dow was down 0.17%. Stocks in Asia were mixed overnight, with Japan's NIKKEI 225 Index up 0.07% and China's Shanghai Composite Index down 0.42%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index rising 0.32% and the FTSE 100 Index declining 0.26% from the previous close.

U.S. stock markets open for trading at 9:30 a.m. ET.

Data source: Dow Jones Market Data, FactSet. Data compiled December 04, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

December 04, 2024 07:30 ET (12:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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