US Futures, European Stocks Rise

In the U.S. futures for the S&P 500 were up 0.6% and futures for the Dow Jones Industrial Average climbed 0.6%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.6% in morning trading. Knorr-Bremse rose 5% and Quilter added 3.6%. On the other hand, ISS A/S sunk 5.9%, and Spirax-Sarco Engineering lost 5.4%. The FTSE 100 added 0.1%. Other stocks in Europe were up as France’s CAC 40 increased 1.4% and Germany’s DAX rose 0.6%.

The Wall Street Journal Dollar Index fell 0.2% to 97.09.

In commodities, Brent crude gained 0.5% to $87.99 a barrel, and WTI crude climbed 0.5% to $84.79 a barrel.

The German 10-year Bund yield climbed by 3 basis points to 2.523% from 2.497%, and the yield on the 10-year U.S. Treasury rose by 2 basis points to 4.021% from 4.014%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index climbed 0.8%, whereas Hong Kong’s Hang Seng was flat. China’s benchmark Shanghai Composite climbed 0.3%.

Source: Dow Jones Newswires


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