• Wednesday, October 16, 2024

As the U.S. stock markets prepare to open in just a couple of hours, there are some notable pre-market movements. Hyatt Hotels Corp. (H) has seen a 5.9% increase, while Unity Software Inc. (U) also experienced a similar surge.

Several other companies are also posting gains. Exact Sciences Corp. (EXAS), Southern Copper Corp. (SCCO), and Evergy Inc. (EVRG) have all seen increases of at least 3%. However, Skyworks Solutions Inc. (SWKS) and Curtiss-Wright Corp. (CW) are experiencing declines, falling 3.8% and 3.4% respectively.

Looking at the broader market, S&P 500 futures are up by 0.13%, and futures for the Dow Jones Industrial Average have risen by 0.18%. Additionally, the Cboe Volatility Index futures are down by 1.11%.

Turning to commodities news, Brent crude oil futures are down by 0.41%, while gold futures have risen by 0.27%. Interestingly, Bitcoin has also witnessed a slight increase of 0.06% and is now valued at $27,591.

Meanwhile, the 10-Year Treasury yield has dropped to 4.709%.

Looking back at the previous trading session, both the S&P 500 and the Dow experienced positive growth, with increases of 0.63% and 0.59% respectively. Overnight, stocks in Asia showed a mixed performance, with Japan's NIKKEI 225 Index up by 2.43% and China's Shanghai Composite Index down by 0.70%.

As of this moment, European stocks are faring well, with the STOXX Europe 600 Index increasing by 1.59% and the FTSE 100 Index by 1.58% compared to the previous close.

Remember that U.S. stock markets will open for trading at 9:30 a.m. ET. For regular updates throughout the trading day, stay tuned.

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