Futures for the S&P 500 were up by 0.1%, while futures for the Dow Jones Industrial Average remained flat. However, it is important to note that changes in futures may not always accurately predict movements after the opening bell.
In morning trading, the Stoxx Europe 600 showed a 0.1% increase. Notable gainers included Etablissementen Franz Col, rising by 11.2%, and Deliveroo, adding 9.7%. On the other hand, ams-OSRAM plummeted by 17.6%, and alstria office REIT experienced an 8.5% loss. The FTSE 100 remained unchanged. France’s CAC 40 saw a 0.3% increase, while Germany’s DAX rose by 0.1%.
The Wall Street Journal Dollar Index saw a slight drop of 0.1%, settling at 100.47.
Brent crude oil observed a 0.5% increase, reaching $94.85 per barrel, while WTI crude rose by 0.7% to $94.31 per barrel.
The yield on the German 10-year Bund climbed by 2 basis points to 2.862%, and the yield on the 10-year U.S. Treasury declined by 1 basis point to 4.61%. Remember that bond prices and yields move in opposite directions.
Asian Stock Performance
Stocks in Asia exhibited a mixed performance with Japan’s Nikkei 225 index declining by 1.5%. Similarly, Hong Kong’s Hang Seng fell by 1.4%. On the other hand, China’s benchmark Shanghai Composite saw a slight gain of 0.1%.