S&P 500 Futures Drop in Premarket Trading; Pure Storage, Snowflake Lead

With U.S. stock markets set to open in two hours, Pure Storage Inc. Cl A (PSTG) was up 14.8% in pre-market trading, and Snowflake Inc. (SNOW) was up 13.5%.

Dollar General Corp. (DG), Ollie’s Bargain Outlet Holdings Inc. (OLLI), and Burlington Stores Inc. (BURL) were all posting gains of at least 5%. In early trading, Cooper Cos. (COO) and NetApp Inc. (NTAP) had posted declines, falling 14.4% and 7.7%, respectively.

Meanwhile S&P 500 futures were down 0.07%, with futures for the Dow Jones Industrial Average rising 0.11%. The Cboe Volatility Index futures were up 1.19%.

In commodities news, Brent crude oil futures were down 0.12%, and gold futures were up 0.21%. rose 0.80% to $113,000.

The 10-Year Treasury yield slipped to 4.237%.

In the previous regular trading session, the and the were up 0.24% and 0.32%, respectively. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 0.73% and China’s Shanghai Composite Index rising 1.14%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index falling 0.29% and the FTSE 100 Index declining 0.39% 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.