US Futures Flat, European Stocks Slip

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

In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Auto1 Group climbed 10.8% and Marks & Spencer Group rose 8.8%. On the other hand, Orron Energy sunk 7.8%, and ABN AMRO Bank slipped 7.2%. The FTSE 100 lost 0.3%. Other stocks in Europe were down as France’s CAC 40 declined 0.3% and Germany’s DAX dropped 0.3%.

The Wall Street Journal Dollar Index rose 0.1% to 99.96.

In commodities, Brent crude was flat at $81.63 a barrel, and WTI crude fell 0.1% to $77.27 a barrel.

The German 10-year Bund yield declined by 3 basis points to 2.638% from 2.665%, and the yield on the 10-year U.S. Treasury rose by 3 basis points to 4.596% from 4.568%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index declined 0.3%, and Hong Kong’s Hang Seng declined 0.6%. China’s benchmark Shanghai Composite declined 0.2%.

Source: Dow Jones Newswires


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