US Futures Rise, European Stocks Slip

U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Signify added 13.2% and Ubisoft Entertainment rose 8%. On the other hand, NatWest Group slipped 14.5%, and Sanofi sunk 13.9%. The FTSE 100 lost 0.2%. Other stocks in Europe were down as France’s CAC 40 declined 0.5% and Germany’s DAX dropped 0.1%.

The Wall Street Journal Dollar Index was flat at 100.74.

In commodities, Brent crude gained 1.4% to $88.26 a barrel, and WTI crude climbed 1.6% to $84.50 a barrel.

The German 10-year Bund yield held steady at 2.864%, and the yield on the 10-year U.S. Treasury rose by 4 basis points to 4.886% from 4.849%. Bond prices and yields move in opposite directions.

Stocks in Asia were up as Japan’s Nikkei 225 index climbed 1.3%, and Hong Kong’s Hang Seng gained 1.8%. China’s benchmark Shanghai Composite climbed 1%.

Source: Dow Jones Newswires


Posted

in

,

by

Tags: