S&P 500 Futures Drop In Premarket Trading; Dick's Sporting Goods, Elanco Animal Health Lag

Dow Jones
15 May

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

With U.S. stock markets set to open in two hours, Birkenstock Holding PLC $(BIRK)$ was up 6.3% in pre-market trading, and Nextracker Inc. $(NXT)$ was up 3.5%.

Cisco Systems Inc. $(CSCO)$, Lennar Corp. Cl B $(LEN.B)$, and Walmart Inc. $(WMT)$ were all posting gains of at least 2%. In early trading, Dick's Sporting Goods Inc. $(DKS)$ and Elanco Animal Health Inc. (ELAN) had posted declines, falling 8.6% and 6.8%, respectively.

Meanwhile S&P 500 futures were down 0.46%, with futures for the Dow Jones Industrial Average falling 0.37%. The Cboe Volatility Index futures were up 6.45%.

In commodities news, Brent crude oil futures were down 3.40%, while gold futures were down 0.25%. Bitcoin was down 0.95% to $102,322.

The 10-Year Treasury yield dropped to 4.514%.

In the previous regular trading session, the S&P 500 was up 0.10%, while the Dow was down 0.21%. Stocks in Asia were down overnight, with Japan's NIKKEI 225 Index down 0.98% and China's Shanghai Composite Index falling 0.68%.

In afternoon trading, stocks in Europe are up, with the STOXX Europe 600 Index climbing 0.09% and the FTSE 100 Index increasing 0.23% 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 May 15, 2025.

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May 15, 2025 07:31 ET (11:31 GMT)

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