S&P 500 Futures Fall in Premarket Trading; Elastic, Veeva Systems Lag

With U.S. stock markets set to open in two hours, Gap Inc. (GAP) was up 4.6% in pre-market trading, and Stellantis N.V. (STLA) was up 3.8%.

BJ’s Wholesale Club Holdings Inc. (BJ), Frontline PLC (FRO), and Intuit Inc. (INTU) were all posting gains of at least 3%. In early trading, Elastic N.V. (ESTC) and Veeva Systems Inc. Cl A (VEEV) had posted declines, falling 10.8% and 7.2%, respectively.

Meanwhile S&P 500 futures were down 0.23%, with futures for the Dow Jones Industrial Average rising 0.14%. The Cboe Volatility Index futures were up 10.91%.

In commodities news, Brent crude oil futures were down 1.26%, while gold futures were down 0.42%. fell 6.20% to $80,984.

The 10-Year Treasury yield fell to 4.046%.

In the previous regular trading session, the and the were down 1.56% and 0.84%, respectively. Stocks in Asia were down overnight, with Japan’s NIKKEI 225 Index down 2.40% and China’s Shanghai Composite Index falling 2.45%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index declining 0.75% and the FTSE 100 Index dropping 0.37% 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.