U.S. stock futures put major indexes on course to extend their recent rally as investors considered the implications of a tight labor market on Federal Reserve policy.
Futures on the S&P 500 gained 0.3% and Dow Jones Industrial Average futures rose 0.3%. The contracts don’t necessarily predict moves after the opening bell.
In Europe, the Stoxx Europe 600 added 0.7% in morning trade. Financials and industrials sectors led gains while the healthcare sector lost ground.
The U.K.’s FTSE 100, which is dominated by large international businesses, climbed 0.6%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.7%, the U.K.’s FTSE 250 rose 0.3% and Germany’s DAX gained 0.9%.
The Swiss franc, the euro and the British pound strengthened 0.2%, 0.2% and 0.4% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude was up 1.1% to $95.93 a barrel. Gold remained flat, at $1,792.00 a troy ounce.
German 10-year bund yields fell to 0.901% and the 10-year U.K. government debt known as gilts yield was down to 1.977%. The yield on 10-year U.S. Treasury slipped to 2.807% from 2.838% on Friday. Bond yields move inversely to prices.
Stocks in Asia were mixed as Japan’s Nikkei 225 index climbed 0.3% and China’s Shanghai Composite rose 0.3%, whereas Hong Kong’s Hang Seng lost 0.7%.
—An artificial-intelligence tool was used in creating this article.
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. stock futures put major indexes on course to extend their recent rally as investors considered the implications of a tight labor market on Federal Reserve policy.
Futures on the S&P 500 gained 0.3% and Dow Jones Industrial Average futures rose 0.3%. The contracts don’t necessarily predict moves after the opening bell.
In Europe, the Stoxx Europe 600 added 0.7% in morning trade. Financials and industrials sectors led gains while the healthcare sector lost ground.
The U.K.’s FTSE 100, which is dominated by large international businesses, climbed 0.6%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.7%, the U.K.’s FTSE 250 rose 0.3% and Germany’s DAX gained 0.9%.
The Swiss franc, the euro and the British pound strengthened 0.2%, 0.2% and 0.4% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude was up 1.1% to $95.93 a barrel. Gold remained flat, at $1,792.00 a troy ounce.
German 10-year bund yields fell to 0.901% and the 10-year U.K. government debt known as gilts yield was down to 1.977%. The yield on 10-year U.S. Treasury slipped to 2.807% from 2.838% on Friday. Bond yields move inversely to prices.
Stocks in Asia were mixed as Japan’s Nikkei 225 index climbed 0.3% and China’s Shanghai Composite rose 0.3%, whereas Hong Kong’s Hang Seng lost 0.7%.
—An artificial-intelligence tool was used in creating this article.
Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8