US Futures, European Stocks Mixed as Earnings in Focus Ahead of Fed Decision Next Week

In the U.S. futures for the S&P 500 were down 0.2% 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 declined 0.2% in morning trading. Hikma Pharmaceuticals rose 7.1% and IG Group Holdings climbed 4.8%. On the other hand, Viaplay Group Series B slipped 28.7%, and Electrolux Series B dropped 8.5%. The FTSE 100 added 0.2%. Other stocks in Europe were down as France’s CAC 40 decreased 0.2% and Germany’s DAX fell 0.2%.

The Wall Street Journal Dollar Index dropped 0.2% to 95.12.

In commodities, Brent crude gained 0.1% to $79.55 a barrel, and WTI crude rose 0.1% to $75.36 a barrel.

The German 10-year Bund yield rose by 0.4 basis points to 2.444% from 2.44%, and the yield on the 10-year U.S. Treasury climbed by 2.5 basis points to 3.78% from 3.754% Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index fell 1.2%, and Hong Kong’s Hang Seng dropped 0.3%. China’s benchmark Shanghai Composite declined 0.9%.

Source: Dow Jones Newswires


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