As the U.S. stock markets prepare to open in two hours, there are some notable movements in pre-market trading. Avangrid Inc. (AGR) has seen a significant increase of 11.9%, while MasTec Inc. (MTZ) is up by 5.8%.
Several other companies are also posting gains, with COPT Defense Properties (CDP), Robinhood Markets Inc. (HOOD), and Plains GP Holdings LP (PAGP) all experiencing increases of at least 3%. However, monday.com Ltd. (MNDY) and Trimble Inc. (TRMB) have faced declines, falling by 8.6% each.
Looking ahead, the S&P 500 futures remain steady at 0.00%, while futures for the Dow Jones Industrial Average indicate a slight decline of 0.07%. The Cboe Volatility Index futures, on the other hand, show a modest increase of 1.17%.
In commodities news, Brent crude oil futures have dropped by 1.11%, and gold futures are down by 0.13%. Bitcoin has experienced a minor slip, decreasing by 0.25% to reach $47,936.
Furthermore, the 10-Year Treasury yield has fallen to 4.152%.
Recapping the previous regular trading session, the S&P 500 saw a positive gain of 0.57%, contrasting with a slight decline of 0.14% for the Dow.
Across the pond, European stocks present varying performances in afternoon trading. The STOXX Europe 600 Index has climbed by 0.28%, while the FTSE 100 Index has declined by 0.13% since the previous close.