U.S. Stock Market Update

As the U.S. stock markets gear up to open in just two hours, there are some notable movements in pre-market trading. Dentsply Sirona Inc. (XRAY) is showing a promising increase of 4.6%, while Seagen Inc. (SGEN) is not far behind with a rise of 3.6%.

Several other companies are also experiencing gains in early trading. Ubiquiti Inc. (UI), Host Hotels & Resorts Inc. (HST), and Ares Management Corp. (ARES) are all posting impressive increases of at least 3%. However, ATI Inc. (ATI) and Icahn Enterprises L.P. (IEP) have seen declines, falling by 1.4% and 1.2% respectively.

Looking at the futures market, there is some positive momentum. S&P 500 futures show an increase of 0.18%, while futures for the Dow Jones Industrial Average are up by 0.06%. Notably, the Cboe Volatility Index futures have risen by 8.88%.

Shifting focus to commodities, Brent crude oil futures are on the rise with an increase of 0.81%. Gold futures also show a positive trend, climbing by 0.29%. Additionally, Bitcoin has experienced a slight bump of 0.08% and is currently valued at $26,622.

In the realm of fixed income, the 10-Year Treasury yield has fallen to 4.478%.

Taking a look back at the previous trading session, both the S&P 500 and the Dow saw a decline of 1.64% and 1.08% respectively. Meanwhile, Asian stocks experienced mixed results, with Japan's NIKKEI 225 Index down by 0.52% and China's Shanghai Composite Index up by 1.55%.

As for European markets, the afternoon trading session reveals a mix of outcomes. The STOXX Europe 600 Index has fallen by 0.16%, while the FTSE 100 Index has seen a slight increase of 0.59% compared to the previous close.

Keep in mind that U.S. stock markets will commence trading at 9:30 a.m. ET. For real-time updates throughout the trading day, visit our platform.