S&P 500 Futures Rise in Premarket Trading; Align Technology, Confluent Lag

With U.S. stock markets set to open in two hours, Carvana Co. Cl A (CVNA) was up 16.0% in pre-market trading, and eBay Inc. (EBAY) was up 13.4%.

Cognex Corp. (CGNX), Meta Platforms Inc. (META), and Aurora Innovation Inc. (AUR) were all posting gains of at least 12%. In early trading, Align Technology Inc. (ALGN) and Confluent Inc. (CFLT) had posted declines, falling 33.3% and 29.2%, respectively.

Meanwhile S&P 500 futures were up 0.87%, with futures for the Dow Jones Industrial Average rising 0.20%. The Cboe Volatility Index futures were down 2.51%.

In commodities news, Brent crude oil futures were down 0.90%, while gold futures were up 0.05%. rose 1.31% to $118,463.

The 10-Year Treasury yield slipped to 4.348%.

In the previous regular trading session, the and the were down 0.12% and 0.38%, respectively. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index up 1.02% and China’s Shanghai Composite Index down 1.18%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index dropping 0.10% and the FTSE 100 Index increasing 0.41% 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.