S&P 500 Futures Drop In Premarket Trading; DoubleVerify, ZoomInfo Technologies Lag

Dow Jones05-08

This article was automatically generated by Barrons.com using technology from Automated Insights.

With U.S. stock markets set to open in two hours, Globus Medical Inc. (GMED) was up 13.2% in pre-market trading, and Reddit Inc. (RDDT) was up 12.3%.

Louisiana-Pacific Corp. $(LPX)$, Dutch Bros Inc. (BROS), and Confluent Inc. $(CFLT)$ were all posting gains of at least 8%. In early trading, DoubleVerify Holdings Inc. $(DV)$ and ZoomInfo Technologies Inc. (ZI) had posted declines, falling 40.7% and 22.9%, respectively.

Meanwhile S&P 500 futures were down 0.16%, with futures for the Dow Jones Industrial Average falling 0.05%. The Cboe Volatility Index futures were down 0.21%.

In commodities news, Brent crude oil futures were down 1.07%, and gold futures were down 0.09%. Bitcoin was down 1.37% to $62,173.

The 10-Year Treasury yield rose to 4.492%.

In the previous regular trading session, the S&P 500 and the Dow were up 0.13% and 0.08%, respectively. Stocks in Asia were down overnight, with Japan's NIKKEI 225 Index down 1.63% and China's Shanghai Composite Index falling 0.61%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index increasing 0.33% and the FTSE 100 Index climbing 0.32% from the previous close.

U.S. stock markets open for trading at 9:30 a.m. ET.

Data source: Dow Jones Market Data, FactSet. Data compiled May 08, 2024.

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May 08, 2024 07:31 ET (11:31 GMT)

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