S&P 500 Futures Climb In Premarket Trading; Trump Media & Tech, Globus Medical Lead

Dow Jones
06 Nov 2024

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

With U.S. stock markets set to open in two hours, Trump Media & Technology Group Corp. $(DJT)$ was up 36.3% in pre-market trading, and Globus Medical Inc. (GMED) was up 13.7%.

Discover Financial Services $(DFS)$, Tesla Inc. $(TSLA)$, and Synchrony Financial (SYF) were all posting gains of at least 12%. In early trading, Exact Sciences Corp. $(EXAS)$ and Super Micro Computer Inc. $(SMCI)$ had posted declines, falling 24.4% and 15.8%, respectively.

Meanwhile S&P 500 futures were up 2.22%, with futures for the Dow Jones Industrial Average rising 3.15%. The Cboe Volatility Index futures were down 6.27%.

In commodities news, Brent crude oil futures were down 1.39%, and gold futures were down 1.23%. Bitcoin climbed 7.30% to $74,512.

The 10-Year Treasury yield climbed to 4.474%.

In the previous regular trading session, the S&P 500 and the Dow were up 1.23% and 1.02%, respectively. Stocks in Asia were mixed overnight, with Japan's NIKKEI 225 Index up 2.61% and China's Shanghai Composite Index down 0.09%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.87% and the FTSE 100 Index rising 1.01% 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 November 06, 2024.

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November 06, 2024 07:30 ET (12:30 GMT)

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