S&P 500 Futures Rise in Premarket Trading; Figma, Commercial Metals Lag

With U.S. stock markets set to open in two hours, Ciena Corp. (CIEN) was up 13.6% in pre-market trading, and Credo Technology Group Holding Ltd. (CRDO) was up 11.4%.

T. Rowe Price Group Inc. (TROW), Service Corp. International (SCI), and Zurn Elkay Water Solutions Corp. (ZWS) were all posting gains of at least 5%. In early trading, Figma Inc. Cl A (FIG) and Commercial Metals Co. (CMC) had posted declines, falling 15.5% and 10.2%, respectively.

Meanwhile S&P 500 futures were up 0.19%, with futures for the Dow Jones Industrial Average rising 0.06%. The Cboe Volatility Index futures were down 1.72%.

In commodities news, Brent crude oil futures were down 1.17%, and gold futures were down 1.09%. slipped 1.21% to $110,913.

The 10-Year Treasury yield dropped to 4.197%.

In the previous regular trading session, the was up 0.51%, while the was down 0.05%. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index up 1.53% and China’s Shanghai Composite Index down 1.25%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.54% and the FTSE 100 Index increasing 0.19% 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.