Market Update - U.S. Stock Markets

With just two hours until the U.S. stock markets open, there have been some notable movements in pre-market trading. Core & Main Inc. (CNM) has seen a 5.2% increase, while CCC Intelligent Solutions Holdings Inc. (CCCS) is up by 5.0%.

Other stocks posting gains include Royal Gold Inc. (RGLD), Liberty Media Corp. Series C SiriusXM (LSXMK), and SharkNinja Inc. (SN), all of which have seen increases of at least 3%. However, CoStar Group Inc. (CSGP) and Dropbox Inc. (DBX) have experienced declines, falling by 2.5% and 2.3% respectively.

Looking at the futures, the S&P 500 is up by 0.07%, with futures for the Dow Jones Industrial Average rising by 0.08%. The Cboe Volatility Index futures have also increased significantly, rising by 17.73%.

In commodities news, Brent crude oil futures are up by 0.49%, while gold futures have risen by 0.12%. Bitcoin has also experienced a notable increase of 2.92%, bringing its value to $27,222.

The 10-Year Treasury yield has climbed to 4.340%.

During the previous regular trading session, the S&P 500 and the Dow saw declines of 1.22% and 0.83% respectively. Meanwhile, China's Shanghai Composite Index was up by 0.26% in Asia overnight.

In afternoon trading, European stocks are currently down, with the STOXX Europe 600 Index declining by 0.72%, and the FTSE 100 Index declining by 0.35% from the previous close.

The U.S. stock markets are set to open for trading at 9:30 a.m. ET. For regular updates on the trading day, please visit our website.