S&P 500 Futures Decline in Premarket Trading; Freedom Holding, Paycom Software Lag
With U.S. stock markets set to open in two hours, Strategy Inc. (MSTR) was up 10.0% in pre-market trading, and BitMine Immersion Technologies Inc. (BMNR) was up 8.1%.
Coinbase Global Inc. (COIN), Circle Internet Group Inc. (CRCL), and Bullish (BLSH) were all posting gains of at least 6%. In early trading, Freedom Holding Corp. (FRHC) and Paycom Software Inc. (PAYC) had posted declines, falling 34.9% and 14.0%, respectively.
Meanwhile S&P 500 futures were down 0.08%, with futures for the Dow Jones Industrial Average falling 0.23%. The Cboe Volatility Index futures were down 3.57%.
In commodities news, Brent crude oil futures were up 2.72%, and gold futures were down 0.15%. Bitcoin was up 5.07% to $71,876.
The 10-Year Treasury yield rose to 4.691%.
In the previous regular trading session, the S&P 500 and the Dow were up 0.21% and 0.22%, respectively. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 1.36% and China’s Shanghai Composite Index rising 0.24%.
In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index falling 0.09% and the FTSE 100 Index falling 0.19% from the previous close.
U.S. stock markets open for trading at 9:30 a.m. ET. For regular updates on the trading day, visit Barron’s.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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