S&P 500 Futures Drop In Premarket Trading; Watsco B, Oklo Lag

Dow Jones
03 Feb

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

With U.S. stock markets set to open in two hours, TPG Inc. $(TPG)$ was up 3.9% in pre-market trading, and Steel Dynamics Inc. (STLD) was up 3.8%.

IDEXX Laboratories Inc. $(IDXX)$, Nucor Corp. $(NUE)$, and Tyson Foods Inc. Cl A $(TSN.AU)$ were all posting gains of at least 3%. In early trading, Watsco Inc. Cl B (WSO.B) and Oklo Inc. (OKLO) had posted declines, falling 8.1% and 7.7%, respectively.

Meanwhile S&P 500 futures were down 1.60%, with futures for the Dow Jones Industrial Average falling 1.38%. The Cboe Volatility Index futures were up 3.81%.

In commodities news, Brent crude oil futures were up 1.68%, and gold futures were up 0.06%. Bitcoin fell 2.35% to $95,474.

The 10-Year Treasury yield fell to 4.515%.

In the previous regular trading session, the S&P 500 and the Dow were down 0.50% and 0.75%, respectively. In Asia overnight, Japan's NIKKEI 225 Index was down 2.66%.

In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index declining 1.28% and the FTSE 100 Index dropping 1.29% 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 February 03, 2025.

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(END) Dow Jones Newswires

February 03, 2025 07:30 ET (12:30 GMT)

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