US Futures Rise Slightly, European Stocks Mixed

U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 fell 0.1% in morning trading. MorphoSys rose 7.4% and Tryg added 6.5%. On the other hand, Sartorius Stedim Biotech lost 10.8%, and Sartorius Pfd. dropped 9.9%. The FTSE 100 added 0.1%. Other stocks in Europe were mixed as France’s CAC 40 was flat and Germany’s DAX dropped 0.2%.

The Wall Street Journal Dollar Index dropped 0.2% to 100.44.

In commodities, Brent crude gained 1.6% to $87.38 a barrel, and WTI crude rose 1.8% to $84.41 a barrel.

The German 10-year Bund yield declined by 3 basis points to 2.762% from 2.79%, and the yield on the 10-year U.S. Treasury fell by 5 basis points to 4.652% from 4.702%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index declined 0.5%, and Hong Kong’s Hang Seng fell 2.1%. China’s benchmark Shanghai Composite declined 0.6%.

Source: Dow Jones Newswires


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