US Futures Mixed, European Stocks Rise

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

In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. Wartsila rose 18.1% and Bouygues added 4.9%. On the other hand, BP PLC slipped 4.8%, and Siemens Energy lost 4%. The FTSE 100 added 0.1%. Other stocks in Europe were up as France’s CAC 40 increased 0.3% and Germany’s DAX climbed 0.3%.

The Wall Street Journal Dollar Index climbed 0.1% to 100.47.

In commodities, Brent crude gained 0.8% to $87.05 a barrel, and WTI crude climbed 0.9% to $83.01 a barrel.

The German 10-year Bund yield fell by 4 basis points to 2.789% from 2.825%, and the yield on the 10-year U.S. Treasury declined by 6 basis points to 4.838% from 4.895%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index gained 0.5%, whereas Hong Kong’s Hang Seng fell 1.7%. China’s benchmark Shanghai Composite dropped 0.1%.

Source: Dow Jones Newswires


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