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S&P 500 Futures Drop In Premarket Trading; Nike, Paramount Global Lag

Dow Jones12-20 20:30

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

With U.S. stock markets set to open in two hours, Home BancShares Inc. (HOMB) was up 6.7% in pre-market trading, and FedEx Corp. $(FDX)$ was up 5.6%.

Eli Lilly & Co. $(LLY)$, Zurn Elkay Water Solutions Corp. $(ZWS)$, and Hess Midstream LP Cl A $(HESM)$ were all posting gains of at least 4%. In early trading, Nike Inc. Cl B $(NKE)$ and Paramount Global Cl A $(PARAA)$ had posted declines, falling 7.2% and 6.8%, respectively.

Meanwhile S&P 500 futures were down 1.04%, with futures for the Dow Jones Industrial Average falling 0.62%. The Cboe Volatility Index futures were up 6.45%.

In commodities news, Brent crude oil futures were down 0.85%, and gold futures were up 0.42%. Bitcoin fell 2.84% to $93,539.

The 10-Year Treasury yield slipped to 4.536%.

In the previous regular trading session, the S&P 500 was down 0.09%, while the Dow was up 0.04%. Stocks in Asia were down overnight, with Japan's NIKKEI 225 Index down 0.29% and China's Shanghai Composite Index falling 0.06%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index dropping 1.89% and the FTSE 100 Index declining 0.93% 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 December 20, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

December 20, 2024 07:30 ET (12:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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