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.
Our Latest News
Whirlpool Corp. Reports Strong Sales Growth in Q3
Whirlpool Corp. surpasses analysts' predictions with strong Q3 performance, sees slight adjustment in full-year earnings guidance
Households and Hedge Funds Flock to the Expanding Treasury Market
The Federal Reserve's rate hikes have attracted individual investors and hedge funds to the meatier yields of Treasuries. Households have accumulated $1.5 trill...
Bitcoin and Altcoins Rise as Bullish Sentiment Spreads
Bitcoin and altcoins are experiencing a surge in price as the market shows bullish sentiment. Smaller cryptocurrencies have performed exceptionally well, indica...