S&P 500 Futures Climb In Premarket Trading; GameStop, Summit Therapeutics Lead

Dow Jones06-03

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

With U.S. stock markets set to open in two hours, GameStop Corp. Cl A $(GME)$ was up 82.1% in pre-market trading, and Summit Therapeutics Inc. $(SMMT)$ was up 15.7%.

Autodesk Inc. $(ADSK)$, Paramount Global Cl B (PARA), and Brunswick Corp. $(BC)$ were all posting gains of at least 5%. In early trading, Science Applications International Corp. $(SAIC)$ and Pinnacle West Capital Corp. $(PNW)$ had posted declines, falling 9.1% and 3.6%, respectively.

Meanwhile S&P 500 futures were up 0.20%, with futures for the Dow Jones Industrial Average remained unchanged. The Cboe Volatility Index futures were down 4.72%.

In commodities news, Brent crude oil futures were up 0.15%, while gold futures were up 0.26%. Bitcoin climbed 2.17% to $69,190.

The 10-Year Treasury yield dropped to 4.465%.

In the previous regular trading session, the S&P 500 and the Dow were up 0.80% and 1.51%, respectively. Stocks in Asia were mixed overnight, with Japan's NIKKEI 225 Index up 1.13% and China's Shanghai Composite Index down 0.27%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index rising 0.47% and the FTSE 100 Index rising 0.18% 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 June 03, 2024.

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June 03, 2024 07:30 ET (11:30 GMT)

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