S&P 500 Futures Decline in Premarket Trading; Fortinet, Sprouts Farmers Market Lag

With U.S. stock markets set to open in two hours, Crocs Inc. (CROX) was up 17.8% in pre-market trading, and Glaukos Corp. (GKOS) was up 17.3%.

Insmed Inc. (INSM), Norwegian Cruise Line Holdings Ltd. (NCLH), and DoorDash Inc. (DASH) were all posting gains of at least 9%. In early trading, Fortinet Inc. (FTNT) and Sprouts Farmers Market Inc. (SFM) had posted declines, falling 25.6% and 22.9%, respectively.

Meanwhile S&P 500 futures were down 0.21%, with futures for the Dow Jones Industrial Average falling 0.07%. The Cboe Volatility Index futures were down 1.05%.

In commodities news, Brent crude oil futures were down 1.35%, and gold futures were down 0.09%. Bitcoin slipped 1.68% to $80,127.

The 10-Year Treasury yield fell to 5.017%.

In the previous regular trading session, the S&P 500 and the Dow were up 0.28% and 0.19%, respectively. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index up 1.10% and China’s Shanghai Composite Index down 0.82%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index rising 0.58% and the FTSE 100 Index rising 0.43% 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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