News

Stock Market Update

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5.0

Charles M. Hall

• November 07, 2023

As the U.S. stock markets prepare to open, there are several notable movements in pre-market trading:

• Datadog Inc. Cl A (DDOG) is up 23.8%
• Snowflake Inc. (SNOW) is up 7.6%

Other companies experiencing gains include Celsius Holdings Inc. (CELH), MongoDB Inc. (MDB), and International Flavors & Fragrances Inc. (IFF), all with increases of at least 6%.

However, Shockwave Medical Inc. (SWAV) and MSP Recovery Inc. (LIFW) have seen declines, falling 7.5% and 6.7% respectively.

Market Trends

Looking at the futures market, there is a slight downward trend:

• S&P 500 futures are down 0.22%
• Dow Jones Industrial Average futures are falling 0.26%
• Cboe Volatility Index futures are down 2.18%

Commodity News

Commodity prices are also showing some changes:

• Brent crude oil futures are down 1.81%
• Gold futures have decreased by 0.99%
• Bitcoin has slipped 1.02% to $34,672

Treasury Yields

The 10-Year Treasury yield has fallen to 4.639%.

Previous Trading Sessions

During the previous regular trading session:

• The S&P 500 increased by 0.18%
• The Dow rose by 0.10%

Global Markets

Stocks in Asia experienced a decline overnight:

• Japan's NIKKEI 225 Index fell by 1.34%
• China's Shanghai Composite Index decreased by 0.04%

In Europe, stocks are currently down:

• The STOXX Europe 600 Index has declined by 0.26%
• The FTSE 100 Index fell by 0.02% from the previous close

Opening Time

U.S. stock markets will open for trading at 9:30 a.m. ET.