S&P 500 Futures Rise in Premarket Trading; Nike, Cadence Bank Lag

With U.S. stock markets set to open in two hours, BitMine Immersion Technologies Inc. (BMNR) was up 6.5% in pre-market trading, and CoreWeave Inc. Cl A (CRWV) was up 5.2%.

Oracle Corp. (ORCL), Applied Digital Corp. (APLD), and Cipher Mining Inc. (CIFR) were all posting gains of at least 4%. In early trading, Nike Inc. Cl B (NKE) and Cadence Bank (CADE) had posted declines, falling 11.1% and 8.3%, respectively.

Meanwhile S&P 500 futures were up 0.11%, with futures for the Dow Jones Industrial Average falling 0.04%. The Cboe Volatility Index futures were down 2.35%.

In commodities news, Brent crude oil futures were up 0.17%, and gold futures were down 0.25%. rose 3.91% to $87,976.

The 10-Year Treasury yield climbed to 4.153%.

In the previous regular trading session, the and the were up 0.79% and 0.14%, respectively. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 1.03% and China’s Shanghai Composite Index rising 0.36%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index dropping 0.09% and the FTSE 100 Index rising 0.01% 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.