U.S. Futures Sink, European Stocks Down

Dow Jones
7 hours ago

This article was automatically generated using Dow Jones technology.

U.S. futures for the S&P 500 dropped 0.4%, and futures for the Dow Jones Industrial Average declined 0.5%. Changes in futures don't necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 dropped 0.6% in morning trading. Lanxess fell 5.9%, and Temenos declined 3.9%. On the other hand, Acciona rose 3.8%, and Hemnet Group climbed 3.4%.

Across specific markets, London's FTSE 100 fell 0.6%, and France's CAC 40 fell 0.6%. Germany's DAX index fell 0.5%.

On the currency front, the Wall Street Journal Dollar Index climbed 0.1% to 95.59. The euro weakened 0.1% against the dollar to $1.154, and the pound weakened 0.2% against the dollar to $1.3474.

Bitcoin fell 2.3% to $77,261.50.

In commodities, Brent crude rose 1.6% to $107.38 a barrel, and WTI crude rose 1.7% to $103.08 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was down 0.4% to 82.20 euros per megawatt hour.

Gold futures declined 0.5% to $4,329.60 per troy ounce.

The German 10-year Bund yield climbed 3.2 basis points to 3.5649%. The yield on the U.K.'s 10-year Gilt climbed 3.83 basis points to 5.357%. The 10-year U.S. Treasury yield rose 4.4 basis points to 5.032%. Bond prices and yields move in opposite directions.

In Asia, Japan's Nikkei 225 index was flat, and Hong Kong's Hang Seng Index declined 1.0%. China's benchmark Shanghai Composite declined 0.5%.

Data source: Dow Jones Market Data, FactSet

 

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