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

Dow Jones
Jul 12, 2024

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.

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(END) Dow Jones Newswires

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

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