US Futures, European Stocks Slip

In the U.S., futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average decreased 0.3%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 (STOXX:SSXP) declined 0.4% in morning trading. Wartsila rose 6.3% and Kuehne + Nagel Intl added 5.5%. On the other hand, Boliden slipped 4.8%, and Nordic Semiconductor lost 4.5%. The FTSE 100 (FTSE:UKX) lost 0.4%. Other stocks in Europe were down as France’s CAC 40 (EU:PX1) declined 0.8% and Germany’s DAX (DBI:DAX) fell 0.1%.

The Wall Street Journal Dollar Index climbed 0.2% to 95.87.

In commodities, Brent crude was flat at $82.56 a barrel, and WTI crude gained 0.1% to $78.80 a barrel.

The German 10-year Bund yield fell by 7.2 basis points to 2.436% from 2.509%, and the yield on the 10-year U.S. Treasury declined by 4.3 basis points to 3.452% from 3.496%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index rose 0.1%, whereas Hong Kong’s Hang Seng dropped 1.7%. China’s benchmark Shanghai Composite dropped 0.3%.


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