News

U.S. Stock Market Update

4.4

Clarence L. Polk

• January 12, 2024

With the U.S. stock markets preparing to open in just two hours, let's take a look at the pre-market movements of some key stocks.

Stock Gains and Declines

• Cameco Corp. (CCJ) is up 4.5% in pre-market trading.
• International Flavors & Fragrances Inc. (IFF) has risen by 4.0%.
• Intra-Cellular Therapies Inc. (ITCI), CoStar Group Inc. (CSGP), and AngloGold Ashanti PLC (AU) are all posting gains of at least 3%.
• On the other hand, UnitedHealth Group Inc. (UNH) and Delta Air Lines Inc. (DAL) have experienced declines, falling by 5.5% and 4.9% respectively.

Futures and Market Indexes

• S&P 500 futures show a decline of 0.36%.
• Futures for the Dow Jones Industrial Average indicate a fall of 0.50%.
• The Cboe Volatility Index futures are down by 1.14%.

Commodities

• Brent crude oil futures have increased by 3.57%.
• Gold futures have seen a rise of 1.72%.
• Bitcoin, however, experienced a slight dip of 0.24%, bringing it to $46,084.

Treasury Yield

• The 10-Year Treasury yield has climbed to 3.993%.

Recent Performance

In the previous regular trading session, the S&P 500 declined by 0.07%, while the Dow experienced a slight increase of 0.04%.

Stock performances in Asia were mixed overnight:

• Japan's NIKKEI 225 Index rose by 1.50%.
• China's Shanghai Composite Index fell by 0.16%.

In Europe, stocks are currently on an upward trend:

• The STOXX Europe 600 Index has risen by 0.54%.
• The FTSE 100 Index has seen a positive growth of 0.61% from the previous close.

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