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Market Update: Stocks in Europe & Asia Down, Wall Street Journal Dollar Index Drops


In the United States, futures for the S&P 500 and Dow Jones Industrial Average decreased by 0.1%. However, changes in futures are not always an indicator of market movements after the opening bell.

European stocks were down in morning trading, with the Stoxx Europe 600 declining by 0.2%. Some stocks stood out, with Samhaellsbyggnadsbolaget rising by 10.9% and Skanska Series B adding 1.8%. In contrast, Viaplay Group Series B lost 6.9% and Idorsia slipped by 4.7%. The FTSE 100 lost 0.2%, while France’s CAC 40 decreased by 0.3% and Germany’s DAX fell by 0.3%.

Meanwhile, the Wall Street Journal Dollar Index dropped by 0.1% to 97.2.

In commodities, Brent crude climbed by 0.6% to $74.44 a barrel, with WTI crude rising by 0.5% to $69.53 a barrel.

The yield on the German 10-year Bund fell by 1.3 basis points to 2.346% from 2.359%, while the yield on the 10-year US Treasury declined by 3 basis points to 3.712% from 3.742%. It is important to note that bond prices and yields move in opposite directions.

Stocks in Asia were also down, with Japan’s Nikkei 225 index declining by 0.3%, Hong Kong’s Hang Seng falling by 0.4%, and China’s benchmark Shanghai Composite decreasing by 1.5%.

This market update was brought to you by the team at Barcelona Editors.

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