Marketwatch trending stocks, bonds & more
U.S. stock futures ticked higher today!
Clear sign that the S&P 500 could regain some ground after five consecutive sessions of losses triggered by worries about how severe an economic downturn might be.
Tweet from the stock market trends
Marketwatch trending stocks
GameStop: shares added 1.7% premarket.
Rent the Runway: Shares jumped 15% premarket.
Verint Systems: shares slipped 2.4% off hours.
Sportsman's Warehouse: shares dropped 6%.#Trending #stocks pic.twitter.com/B5IFfFK8m9— The_Journalbiz (@the_journalbiz) December 8, 2022
FactSet Chart on market fluctuation
The S&P 500 was recently up 0.8%. The Dow industrials advanced 0.6%, or about 220 points. The Nasdaq Composite gained 1.2%.
Nearly all of the S&P 500’s 11 sectors are in the green, barring shares of communication services firms.
The 10-year U.S. Treasury yield rose to 3.466% from 3.407% late Wednesday as bond prices fell.
Futures tied to the S&P 500 gained 0.4%, while those tied to the Dow Jones Industrial Average added 0.3%. Contracts tied to the Nasdaq-100 advanced 0.4%.
Yields on U.S. Treasury notes rose as the recent rally in the bond market stumbled. The yield on the benchmark 10-year U.S. Treasury note rose to 3.460%, from 3.407% Wednesday. Yields rise when bond prices fall. The yield on the two-year Treasury note, which reflects short-term interest-rate expectations, rose to 4.289%.
In Asia, Hong Kong’s Hang Seng rallied 3.4% on reports that the city could scrap its outdoor mask mandate and ease other Covid-19 restrictions. The Shanghai Composite ticked down 0.1%. Japan’s Nikkei 225 lost 0.4%.
Oil prices rose, with Brent crude prices also on pace to break a five-session losing streak. Brent crude, the international benchmark for oil prices, rose 1.3% to $78.15 a barrel.
In Europe, the pan-continental Stoxx Europe 600 fell 0.3%.
