US Futures Mixed, European Stocks Rise Ahead of Jackson Hole Meeting

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

In Europe, the Stoxx Europe 600 gained 0.8% in morning trading. Aroundtown rose 4.4% and BE Semicon Industries climbed 3.7%. On the other hand, Galapagos dropped 4%, and ORLEN lost 2.5%. The FTSE 100 added 0.7%. Other stocks in Europe were up as France’s CAC 40 increased 1.1% and Germany’s DAX rose 0.9%.

The Wall Street Journal Dollar Index rose 0.1% to 98.04.

In commodities, Brent crude fell 0.6% to $82.72 a barrel, and WTI crude fell 0.6% to $78.38 a barrel.

The German 10-year Bund yield fell by 5 basis points to 2.471% from 2.521%, and the yield on the 10-year U.S. Treasury declined by 1 basis point to 4.181% from 4.194%. Bond prices and yields move in opposite directions.

Stocks in Asia were up as Japan’s Nikkei 225 index gained 0.9%, and Hong Kong’s Hang Seng climbed 2%. China’s benchmark Shanghai Composite gained 0.1%.

Source: Dow Jones Newswires


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