S&P 500 Futures Drop in Premarket Trading; Axsome Therapeutics, Bitdeer Techs Lag

With U.S. stock markets set to open in two hours, Revolution Medicines Inc. (RVMD) was up 7.4% in pre-market trading, and Cadence Bank (CADE) was up 3.3%.

Churchill Downs Inc. (CHDN), Krystal Biotech Inc. (KRYS), and Fifth Third Bancorp (FITB) were all posting gains of at least 3%. In early trading, Axsome Therapeutics Inc. (AXSM) and Bitdeer Technologies Group (BTDR) had posted declines, falling 24.8% and 7.0%, respectively.

Meanwhile S&P 500 futures were down 0.34%, with futures for the Dow Jones Industrial Average falling 0.05%. The Cboe Volatility Index futures were up 6.80%.

In commodities news, Brent crude oil futures were down 0.36%, and gold futures were up 0.89%. fell 1.98% to $106,101.

The 10-Year Treasury yield climbed to 3.995%.

In the previous regular trading session, the and the were down 0.63% and 0.65%, respectively. Stocks in Asia were down overnight, with Japan’s NIKKEI 225 Index down 1.44% and China’s Shanghai Composite Index falling 1.95%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index declining 1.07% and the FTSE 100 Index falling 1.12% 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.