S&P 500 Futures Up in Premarket Trading; Pure Storage, GitLab Lag

With U.S. stock markets set to open in two hours, Marvell Technology Inc. (MRVL) was up 9.0% in pre-market trading, and Astera Labs Inc. (ALAB) was up 7.1%.

D-Wave Quantum Inc. (QBTS), BETA Technologies Inc. Cl A (BETA), and BitMine Immersion Technologies Inc. (BMNR) were all posting gains of at least 5%. In early trading, Pure Storage Inc. Cl A (PSTG) and GitLab Inc. Cl A (GTLB) had posted declines, falling 14.0% and 8.6%, respectively.

Meanwhile S&P 500 futures were up 0.19%, with futures for the Dow Jones Industrial Average rising 0.17%. The Cboe Volatility Index futures were down 1.91%.

In commodities news, Brent crude oil futures were up 1.17%, while gold futures were up 0.36%. rose 1.93% to $92,869.

The 10-Year Treasury yield dropped to 4.059%.

In the previous regular trading session, the and the were up 0.25% and 0.39%, respectively. Stocks in Asia were mixed overnight, with Japan’s NIKKEI 225 Index up 1.14% and China’s Shanghai Composite Index down 0.51%.

In afternoon trading, stocks in Europe are mixed, with the STOXX Europe 600 Index increasing 0.21% and the FTSE 100 Index dropping 0.13% 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.