S&P 500 Futures Flat In Premarket Trading; Wells Fargo, Hologic Lag

Dow Jones
2024/07/12

This article was automatically generated by Barrons.com using technology from Automated Insights.

With U.S. stock markets set to open in two hours, Meritage Homes Corp. $(MTH.AU)$ was up 5.8% in pre-market trading, and Teck Resources Ltd. Cl B $(TECK)$ was up 4.5%.

IQVIA Holdings Inc. $(IQV)$, Installed Building Products Inc. $(IBP)$, and Brookfield Reinsurance Ltd. (BNRE) were all posting gains of at least 3%. In early trading, Wells Fargo & Co. $(WFC)$ and Hologic Inc. $(HOLX)$ had posted declines, falling 5.9% and 5.3%, respectively.

Meanwhile S&P 500 futures were up 0.04%, with futures for the Dow Jones Industrial Average rising 0.12%. The Cboe Volatility Index futures were up 9.95%.

In commodities news, Brent crude oil futures were up 0.59%, while gold futures were down 0.64%. Bitcoin was down 0.23% to $57,254.

The 10-Year Treasury yield held steady at 4.217%.

In the previous regular trading session, the S&P 500 was down 0.88%, while the Dow was up 0.08%. Stocks in Asia were mixed overnight, with Japan's NIKKEI 225 Index down 2.45% and China's Shanghai Composite Index up 0.03%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.37% and the FTSE 100 Index rising 0.28% from the previous close.

U.S. stock markets open for trading at 9:30 a.m. ET.

Data source: Dow Jones Market Data, FactSet. Data compiled July 12, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

July 12, 2024 07:30 ET (11:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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