Disclaimer: This information is for informational purposes only and should not be considered financial advice. Please consult with a financial professional before making any investment decisions.
Market Indexes:
- Nasdaq-100 Pre-Market Indicator: As of 8:15 AM ET, the indicator is up 0.28%, suggesting a potential positive opening for the Nasdaq-100.
- S&P 500 Futures: Currently trading flat at around 507.40.
- Dow Jones Industrial Average Futures: Also flat at approximately 35,100.
News and Events:
- Asian Markets: Most Asian markets closed higher on Friday, tracking gains on Wall Street and positive sentiment around potential interest rate cuts.
- Earnings: Cactus Inc. (NYSE: WHD) reported strong financial performance for Q4 2023, exceeding expectations.
- Economic Data: No major economic data releases are scheduled for today.
Also Read: US Commodity Markets Pre-Market Analysis: March 1, 2024 (as of 8:15 AM ET)
Sector Performance:
- Technology: Up 0.35% in pre-market trading.
- Financials: Flat.
- Consumer Staples: Down 0.12%.
- Energy: Up 0.21%.
Individual Stocks:
- Cactus Inc. (NYSE: WHD): Up 12.5% pre-market following positive earnings report.
Also Read: US Stock Futures Signal Mixed Open as Investors Brace for PCE Report
Important Notes:
- Pre-market data is not always indicative of how the market will open or perform throughout the day.
- Liquidity can be lower in pre-market trading, which can lead to higher volatility.
- It is important to consider all relevant factors before making any investment decisions.
Additional Resources:
- Nasdaq Pre-Market Quotes: https://www.nasdaq.com/market-activity/pre-market
- Investing.com Pre-Market: https://www.investing.com/equities/pre-market
