S&P 500 Futures Drop in Premarket Trading; Fermi, Broadcom Lag

With U.S. stock markets set to open in two hours, lululemon athletica inc. (LULU) was up 9.1% in pre-market trading, and Coeur Mining Inc. (CDE) was up 4.6%.

Kymera Therapeutics Inc. (KYMR), New Gold Inc. (NGD), and Hecla Mining Co. (HL) were all posting gains of at least 4%. In early trading, Fermi Inc. (FRMI) and Broadcom Inc. (AVGO) had posted declines, falling 33.1% and 5.8%, respectively.

Meanwhile S&P 500 futures were down 0.15%, with futures for the Dow Jones Industrial Average rising 0.21%. The Cboe Volatility Index futures were down 3.65%.

In commodities news, Brent crude oil futures were down 0.23%, while gold futures were up 1.32%. climbed 0.53% to $92,300.

The 10-Year Treasury yield rose to 4.178%.

In the previous regular trading session, the and the were up 0.21% and 1.34%, respectively. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 1.37% and China’s Shanghai Composite Index rising 0.41%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.19% and the FTSE 100 Index climbing 0.11% 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.