With only two hours before the U.S. stock market opening, Wolfspeed Inc. (WOLF) has experienced a 16.5% rise during the pre-market trading session, while Rivian Automotive Inc. Cl A (RIVN) has seen a 7.2% increase.
Simultaneously, RBC Bearings Inc. (RBC), Transocean Ltd. (RIG), and R1 RCM Inc. (RCM) have all witnessed at least a 3% rise. As for early trading results, Thor Industries Inc. (THO) and Ceridian HCM Holding Inc. (CDAY) have recorded decreases of 5.0% and 3.3%, respectively.
S&P 500 futures have slightly fallen by 0.42%, aligning with the Dow Jones Industrial Average futures, down by 0.42%. The Cboe Volatility Index futures also experienced a slight decrease, dropping 0.73%.
Regarding commodities, Brent crude oil futures dropped by 0.29%, while gold futures grew by 0.26%. In the cryptocurrency world, Bitcoin experienced a decrease of 1.20% to $30,431.
As for the 10-Year Treasury yield, it has ascended, reaching 3.865%.
Recalling the previous regular trading session, the S&P 500 and the Dow experienced slight increases by 0.12% and 0.03%, respectively. Meanwhile, stocks from Asia were down overnight, with Japan’s NIKKEI 225 Index reporting a 0.25% drop, and China’s Shanghai Composite Index experiencing a slightly higher fall of 0.69%.
In afternoon trading, European stocks are experiencing a fall, with the STOXX Europe 600 Index falling 0.51% and the FTSE 100 Index experiencing a 0.58% decline from the previous closure.
Keep in mind the U.S. stock market opens for trading at 9:30 a.m. ET, so ensure you tune in for regular updates on the trading day.
