S&P 500 Futures Up in Premarket Trading; Astera Labs, Shopify Lead

With U.S. stock markets set to open in two hours, Astera Labs Inc. (ALAB) was up 18.4% in pre-market trading, and Shopify Inc. (SHOP) was up 15.7%.

Arista Networks Inc. (ANET), Stride Inc. (LRN), and Klaviyo Inc. (KVYO) were all posting gains of at least 11%. In early trading, Snap Inc. (SNAP) and Super Micro Computer Inc. (SMCI) had posted declines, falling 17.7% and 17.0%, respectively.

Meanwhile S&P 500 futures were up 0.22%, with futures for the Dow Jones Industrial Average rising 0.38%. The Cboe Volatility Index futures were up 2.51%.

In commodities news, Brent crude oil futures were up 1.64%, while gold futures were down 0.43%. was up 0.54% to $114,242.

The 10-Year Treasury yield rose to 4.235%.

In the previous regular trading session, the and the were down 0.49% and 0.14%, respectively. Stocks in Asia were up overnight, with Japan’s NIKKEI 225 Index up 0.60% and China’s Shanghai Composite Index rising 0.45%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index falling 0.03% and the FTSE 100 Index climbing 0.16% 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.