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

Dow Jones
20 Mar

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.

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

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