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Raven Industries, Torchlight Energy, Bitcoin: What to Watch When the Stock Market Opens Today

Stock futures are bouncing higher, with markets set to open for trading Monday after the U.S. celebrated its first Juneteenth as a federal holiday. Here’s what we’re watching ahead of the bell.

  • Futures tied to the Dow Jones Industrial Average advanced 0.5% in a choppy trading session early Monday. Contracts linked to the S&P 500 edged up 0.4% Monday, while Nasdaq-100 futures rose 0.5%.
  • Asian markets are mostly down, led by the Nikkei’s 3.3% drop, but European shares are gaining. Gold prices are up, while bitcoin is off more than 6%.
What’s Coming Up
  • The Chicago Fed National Activity Index for May is due at 8:30 a.m. ET.
  • The Roth Virtual London Conference, hosted by Roth Capital Partners, begins Monday. Participants will include

    Plug Power,


    PLUG -2.28%

    eGain


    EGAN 0.73%

    and

    SunRun.


    RUN 1.05%

Market Movers to Watch

William Ackman’s Pershing Square Tontine Holdings reached a deal for an investment in Universal Music.



Photo:

The wall street journal

Market Facts
  • Heavy options activity amplified last week’s investor retreat from bets on stronger economic growth. More than 116 million options contracts were expiring on Friday, according to Cboe Global Markets data, the second-highest level ever after Jan. 15, when more than 150 million contracts were expiring.
  • Natural-gas futures ended Friday at $3.215 per million British thermal units, up 96% from a year ago and the highest price headed into summer since 2017.
  • On this day in 1990, after decades of closure under communist rule, the Budapest Stock Exchange reopened for trading.
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Raven Industries, Torchlight Energy, Bitcoin: What to Watch When the Stock Market Opens Today Source link Raven Industries, Torchlight Energy, Bitcoin: What to Watch When the Stock Market Opens Today

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