US Futures Mixed, European Stocks Fall Ahead of ECB Rate Decision

U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average increased 0.2%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Nokia climbed 6.5% and Netcompany Group rose 6.1%. On the other hand, IG Group Holdings dropped 8.7%, and Bankinter fell 6%. The FTSE 100 lost 0.2%. Other stocks in Europe were down as France’s CAC 40 decreased 0.1% and Germany’s DAX dropped 0.2%.

The Wall Street Journal Dollar Index was flat at 97.83.

In commodities, Brent crude climbed 0.6% to $80.11 a barrel, and WTI crude gained 0.7% to $75.63 a barrel.

The German 10-year Bund yield climbed by 2 basis points to 2.357% from 2.34%, and the yield on the 10-year U.S. Treasury fell by 1 basis point to 4.171% from 4.181%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index was flat, and Hong Kong’s Hang Seng climbed 2%. China’s benchmark Shanghai Composite climbed 3%.

Source: Dow Jones Newswires


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