S&P 500 Futures Flat in Premarket Trading; IonQ, Quantinuum Lead
With U.S. stock markets set to open in two hours, IonQ Inc. (IONQ) was up 11.7% in pre-market trading, and Quantinuum Inc. (QNT) was up 6.5%.
PACS Group Inc. (PACS), Lennar Corp. Cl B (LEN.B), and Advanced Drainage Systems Inc. (WMS) were all posting gains of at least 5%. In early trading, Archrock Inc. (AROC) and Immunovant Inc. (IMVT) had posted declines, falling 7.9% and 7.4%, respectively.
Meanwhile S&P 500 futures were up 0.02%, with futures for the Dow Jones Industrial Average falling 0.05%. The Cboe Volatility Index futures were down 2.79%.
In commodities news, Brent crude oil futures were up 0.49%, and gold futures were down 0.65%. Bitcoin was down 0.77% to $85,565.
The 10-Year Treasury yield climbed to 4.979%.
In the previous regular trading session, the S&P 500 remained unchanged, while the Dow was down 0.36%. In Asia overnight, China’s Shanghai Composite Index was down 0.39%.
In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index declining 0.31% and the FTSE 100 Index dropping 0.04% 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.
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