US Futures Rise, European Stocks Fall as Market Awaits Central-Bank Decisions

In the 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 0.3% in morning trading. Ocado Group added 10.7% and Julius Baer Gruppe climbed 4.5%. On the other hand, S4 Capital slipped 24.4%, and Koninklijke Philips lost 5.5%. The FTSE 100 lost 0.3%. Other stocks in Europe were down as France’s CAC 40 declined 0.4% and Germany’s DAX dropped 0.3%.

The Wall Street Journal Dollar Index was flat at 95.96.

In commodities, Brent crude dropped 0.7% to $80.50 a barrel, and WTI crude fell 0.7% to $76.52 a barrel.

The German 10-year Bund yield fell by 4.7 basis points to 2.419% from 2.466%, and the yield on the 10-year U.S. Treasury declined by 1.1 basis points to 3.83% from 3.841%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index gained 1.2%, whereas Hong Kong’s Hang Seng fell 2.3%. China’s benchmark Shanghai Composite declined 0.1%.

Source: Dow Jones Newswires


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