S&P 500 Futures Drop in Premarket Trading; Icahn Enterprises, Unity Software Lead

With U.S. stock markets set to open in two hours, Icahn Enterprises L.P. (IEP) was up 7.0% in pre-market trading, and Unity Software Inc. (U) was up 6.3%.

Global Payments Inc. (GPN), Red Rock Resorts Inc. Cl A (RRR), and First Horizon Corp. (FHN) were all posting gains of at least 4%. In early trading, Blue Owl Technology Finance Corp. (OTF) and MSC Industrial Direct Co. (MSM) had posted declines, falling 3.0% and 3.0%, respectively.

Meanwhile S&P 500 futures were down 0.07%, with futures for the Dow Jones Industrial Average rising 0.04%. The Cboe Volatility Index futures were up 0.83%.

In commodities news, Brent crude oil futures were down 0.71%, and gold futures were up 0.14%. was up 2.12% to $118,871.

The 10-Year Treasury yield dropped to 4.485%.

In the previous regular trading session, the and the were down 0.40% and 0.98%, respectively. Stocks in Asia were down overnight, with Japan’s NIKKEI 225 Index down 0.04% and China’s Shanghai Composite Index falling 0.03%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index declining 0.01% and the FTSE 100 Index climbing 0.17% 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.