S&P 500 Futures Decline In Premarket Trading; Smithfield Foods, Microchip Technology Lag

Dow Jones
03-20

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

With U.S. stock markets set to open in two hours, Stevanato Group S.p.A. (STVN) was up 6.9% in pre-market trading, and QXO Inc. (QXO) was up 5.4%.

Healthcare Realty Trust Inc. $(HR)$, Axalta Coating Systems Ltd. $(AXTA)$, and CAVA Group Inc. (CAVA) were all posting gains of at least 3%. In early trading, Smithfield Foods Inc. (SFD) and Microchip Technology Inc. $(MCHP)$ had posted declines, falling 7.1% and 5.9%, respectively.

Meanwhile S&P 500 futures were down 0.38%, with futures for the Dow Jones Industrial Average falling 0.31%. The Cboe Volatility Index futures were down 3.86%.

In commodities news, Brent crude oil futures were up 0.07%, and gold futures were down 0.04%. Bitcoin slipped 0.30% to $85,208.

The 10-Year Treasury yield slipped to 4.204%.

In the previous regular trading session, the S&P 500 and the Dow were up 1.08% and 0.92%, respectively. In Asia overnight, China's Shanghai Composite Index was down 0.51%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index falling 0.65% and the FTSE 100 Index dropping 0.10% 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 March 20, 2025.

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

March 20, 2025 07:30 ET (11:30 GMT)

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