US Futures, European Stocks Rise Ahead of European Manufacturing PMI

In the U.S. futures for the S&P 500 were up 0.7% and futures for the Dow Jones Industrial Average climbed 0.6%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Samhaellsbyggnadsbolaget added 5% and NN Group rose 4.2%. On the other hand, Sampo Series A slipped 6.4%, and Fresenius SE & Co. KGaA dropped 3%. The FTSE 100 added 0.2%. Other stocks in Europe were up as France’s CAC 40 increased 0.6% and Germany’s DAX climbed 0.4%.

The Wall Street Journal Dollar Index was flat at 100.11.

In commodities, Brent crude gained 0.4% to $92.55 a barrel, and WTI crude gained 0.5% to $91.25 a barrel.

The German 10-year Bund yield climbed by 1 basis point to 2.856% from 2.845%, and the yield on the 10-year U.S. Treasury rose by 3 basis points to 4.612% from 4.579%. Bond prices and yields move in opposite directions.

Japan’s Nikkei 225 index fell 0.3%, and markets in Hong Kong were closed. Markets in China were closed.

Source: Dow Jones Newswires


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