S&P 500 Futures Climb in Premarket Trading; Penumbra, Marvell Technology Lead

With U.S. stock markets set to open in two hours, Penumbra Inc. (PEN) was up 14.5% in pre-market trading, and Marvell Technology Inc. (MRVL) was up 10.9%.

Qorvo Inc. (QRVO), FTAI Aviation Ltd. (FTAI), and Littelfuse Inc. (LFUS) were all posting gains of at least 8%. In early trading, SoFi Technologies Inc. (SOFI) and Seagate Technology Holdings PLC (STX) had posted declines, falling 8.3% and 6.3%, respectively.

Meanwhile S&P 500 futures were up 0.12%, with futures for the Dow Jones Industrial Average rising 0.05%. The Cboe Volatility Index futures were up 3.76%.

In commodities news, Brent crude oil futures were down 0.78%, and gold futures were up 0.05%. rose 0.29% to $117,842.

The 10-Year Treasury yield climbed to 4.330%.

In the previous regular trading session, the and the were down 0.30% and 0.46%, respectively. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index down 0.05% and China’s Shanghai Composite Index up 0.17%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index increasing 0.09% and the FTSE 100 Index declining 0.27% from the previous close.

U.S. stock markets open for trading at 9:30 a.m. ET. For regular updates on the trading day, visit Barron’s.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.