S&P 500 Futures Up in Premarket Trading; MSG Sports, United Therapeutics Lag

With U.S. stock markets set to open in two hours, Celestica Inc. (CLS) was up 15.7% in pre-market trading, and Ferrovial N.V. (FER) was up 9.1%.

SoFi Technologies Inc. (SOFI), Galaxy Digital Inc. (GLXY), and INNIO N.V. (INIO) were all posting gains of at least 8%. In early trading, Madison Square Garden Sports Corp. (MSGK) and United Therapeutics Corp. (UTHR) had posted declines, falling 31.1% and 7.9%, respectively.

Meanwhile S&P 500 futures were up 0.28%, with futures for the Dow Jones Industrial Average rising 0.21%. The Cboe Volatility Index futures were down 1.54%.

In commodities news, Brent crude oil futures were down 0.89%, and gold futures were down 0.35%. Bitcoin fell 0.15% to $79,766.

The 10-Year Treasury yield fell to 4.971%.

In the previous regular trading session, the S&P 500 and the Dow were up 0.70% and 0.28%, respectively. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index up 1.73% and China’s Shanghai Composite Index down 1.33%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index rising 0.18% and the FTSE 100 Index declining 0.65% 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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