Stock Market Update

As the U.S. stock markets prepare to open in two hours, several companies are seeing gains in pre-market trading. Enphase Energy Inc. (ENPH) is up 5.2% and ICL Group Ltd. (ICL) is up 4.5%.

Rivian Automotive Inc. Cl A (RIVN), Kinetik Holdings Inc. (KNTK), and Gaming & Leisure Properties Inc. (GLPI) are all experiencing gains of at least 4%. However, OneMain Holdings Inc. (OMF) and Lennar Corp. Cl A (LEN) have posted declines of 3.1% and 2.2% respectively.

Looking at futures, the S&P 500 futures are up 0.24%, while futures for the Dow Jones Industrial Average have risen 0.26%. The Cboe Volatility Index futures are up 0.82%.

In commodities news, Brent crude oil futures have seen an increase of 0.43%, and gold futures are up 0.64%. Bitcoin, on the other hand, has fallen 0.56% to $42,710.

The 10-Year Treasury yield has fallen to 3.901%.

During the previous regular trading session, the S&P 500 and the Dow saw increases of 0.26% and 0.43%, respectively. Overnight, the stocks in Asia had mixed results, with Japan's NIKKEI 225 Index up 0.87% and China's Shanghai Composite Index down 0.56%.

Currently, stocks in Europe are also experiencing mixed results. The STOXX Europe 600 Index is climbing by 0.26%, while the FTSE 100 Index has declined by 0.50% from the previous close.

U.S. stock markets will open for trading at 9:30 a.m. ET. For the latest updates on the trading day, visit our website.