Two hours before the U.S. stock markets opened, Coherent Corp. (COHR) experienced a 5.0% increase in pre-market trading, while Delta Air Lines Inc. (DAL) saw a 4.5% increase.
Shares of Trade Desk Inc. Cl A (TTD), American Airlines Group Inc. (AAL), and CAVA Group Inc. (CAVA) were all experiencing increases of at least 3%. At the start of the trading day, Carvana Co. Cl A (CVNA) and SoFi Technologies Inc. (SOFI) had recorded losses, declining by 5.5% and 3.7%, respectively.
At the same time, S&P 500 futures saw an increase of 0.29%, while Dow Jones Industrial Average futures rose by 0.15%.
The Cboe Volatility Index futures, on the other hand, experienced a decrease of 7.38%. In commodities, Brent crude oil futures saw a rise of 0.22%, and gold futures saw an increase of 0.14%. Bitcoin also saw a climb of 0.78% to reach $30,580.
The 10-Year Treasury yield slipped down to 3.835%. During the previous regular trading session, the S&P 500 and the Dow experienced increases of 0.74% and 0.25%, respectively.
Overnight, stocks in Asia also saw gains, with Japan’s NIKKEI 225 Index rising by 1.49% and China’s Shanghai Composite Index increasing by 1.26%.
In afternoon trading, stocks in Europe also saw gains, with the STOXX Europe 600 Index up by 0.68% and the FTSE 100 Index up by 0.42% compared to the previous close. U.S. stock markets open for trading at 9:30 a.m. ET. For regular updates on the trading day, you can visit Barron’s.
