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Home News

U.S. Stock Markets Prepare to Open

by Administrator Forexezy
August 21, 2023
in News
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Illustration of a graph showing decreasing percentage

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The U.S. stock markets are set to open in two hours, and there are some notable movements in pre-market trading. Palo Alto Networks Inc. (PANW) is up 12.2%, while VMware Inc. (VMW) has seen a 6.8% increase.

Other companies that are posting gains of at least 5% include VinFast Auto Ltd. (VFS), Zscaler Inc. (ZS), and Five9 Inc. (FIVN). However, Bank of Montreal (BMO) and AMC Entertainment Holdings Inc. Cl A (AMC) have experienced declines, falling 4.3% and 3.4% respectively.

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Market Futures and Commodities

Looking at market futures, the S&P 500 futures are up 0.46%, with futures for the Dow Jones Industrial Average rising 0.31%. The Cboe Volatility Index futures, on the other hand, are down 2.12%.

In commodities news, Brent crude oil futures have increased by 0.98%, while gold futures show a slight gain of 0.08%. Bitcoin, however, has slipped 1.09% to $25,940.

Bond Yields and Global Markets

The 10-Year Treasury yield has climbed to 4.298%.

In the previous regular trading session, the S&P 500 was down 0.01%, while the Dow saw a slight increase of 0.07%. Stocks in Asia had a mixed performance overnight, with Japan’s NIKKEI 225 Index up 0.37%, but China’s Shanghai Composite Index down by 1.24%.

Meanwhile, European stocks are seeing positive movements in afternoon trading, with the STOXX Europe 600 Index increasing by 0.69%, and the FTSE 100 Index rising by 0.50% from the previous close.

Trading Day Updates

U.S. stock markets will open for trading at 9:30 a.m. ET. For regular updates on the trading day, stay tuned.

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