US Futures Up, European Stocks Down as Markets Digest Fed Comments

U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 fell 0.5% in morning trading. GN Store Nord rose 11.6% and IMCD rose 3.3%. On the other hand, Orpea slipped 11%, and Diageo dropped 8.3%. The FTSE 100 lost 0.5%. Other stocks in Europe were down as France’s CAC 40 declined 0.6% and Germany’s DAX fell 0.4%.

The Wall Street Journal Dollar Index was flat at 100.26.

In commodities, Brent crude gained 0.4% to $80.36 a barrel, and WTI crude rose 0.4% to $76.02 a barrel.

The German 10-year Bund yield climbed by 5 basis points to 2.696% from 2.651%, and the yield on the 10-year U.S. Treasury declined by 2 basis points to 4.605% from 4.622%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index dropped 0.2%, and Hong Kong’s Hang Seng declined 1.8%. China’s benchmark Shanghai Composite declined 0.5%.

Source: Dow Jones Newswires


Posted

in

,

by

Tags: