U.S. Stock Futures Tick Higher
U.S. stock futures inched greater, putting Wall Street on course to end the week with gains as current concerns around inflation have faded.
Futures on the S&P 500 strengthened 0.3% and futures connected to the Dow Jones Industrial Average rose 0.4%. Changes in futures do not always forecast movements after the marketplaces open.
In Europe, the Stoxx Europe 600 climbed 0.2% in early morning trade, and it is at its highest level in a year. Energy and utilities sectors led gains while communication services and infotech sectors lost ground.
The U.K.’s FTSE 100 gained 0.2%. Other stock indexes in Europe also primarily climbed as France’s CAC 40 added 0.2%, the U.K.’s FTSE 250 gained 0.1% and Germany’s DAX climbed up 0.3%.
The Swiss franc and the euro dropped 0.2% and 0.1% respectively versus the U.S. dollar whereas the British pound was flat versus the dollar, with 1 pound buying $1.42.
In products, Brent crude slipped 0.1% to $69.13 a barrel. Gold likewise slipped 0.3% to $1,892.10 a troy ounce.
The yield on German 10-year bunds depended on minus 0.157% and 10-year U.K. government financial obligation called gilts yields depended on 0.826%. 10-year U.S. Treasury yields got to 1.617% from 1.609%. Yields move inversely to bond costs.
Indexes in Asia were mixed as Hong Kong’s Hang Seng logged a little gain, increasing 0.1% after climbing up to 0.7% throughout the session and Japan’s Nikkei 225 index included 2.1%, whereas China’s benchmark Shanghai Composite shed 0.2%.
__ inset __ image __ caption __ credit” itemprop=”developer” > Image: Richard B. Levine/Zuma Press– An artificial-intelligence tool was used in producing this post.
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Published at Fri, 28 May 2021 07:42:00 +0000
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