S&P 500 Futures Rise in Premarket Trading; Applied Materials, Sandisk Lag

With U.S. stock markets set to open in two hours, UnitedHealth Group Inc. (UNH) was up 11.0% in pre-market trading, and Nu Holdings Ltd. Cl A (NU) was up 10.4%.

Nucor Corp. (NUE), Ross Stores Inc. (ROST), and Elevance Health Inc. (ELV) were all posting gains of at least 4%. In early trading, Applied Materials Inc. (AMAT) and Sandisk Corp. (SNDK) had posted declines, falling 13.8% and 10.7%, respectively.

Meanwhile S&P 500 futures were up 0.18%, with futures for the Dow Jones Industrial Average rising 0.62%. The Cboe Volatility Index futures were up 17.78%.

In commodities news, Brent crude oil futures were down 0.72%, while gold futures were down 0.68%. climbed 0.92% to $119,101.

The 10-Year Treasury yield climbed to 4.295%.

In the previous regular trading session, the was up 0.03%, while the was down 0.02%. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 1.71% and China’s Shanghai Composite Index rising 0.83%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.16% and the FTSE 100 Index rising 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.