News

Stock Futures Inch Up After S&P 500, Dow Hit Records

U.S. stock futures ticked higher after the S&P 500 and Dow Jones Industrial Average hit closing records amid strong corporate earnings reports.

S&P 500 futures rose 0.2% and Dow Jones Industrial Average futures strengthened 0.1%. The contracts don’t necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 lost 0.1% in morning trade as gains in healthcare and energy sectors were offset by losses in financials and consumer staples sectors.

The U.K.’s FTSE 100 declined 0.1%. Other stock indexes in Europe were mixed as France’s CAC 40 was broadly flat and the U.K.’s FTSE 250 was largely flat, whereas Germany’s DAX was down 0.1%.

The Swiss franc and the euro gained 0.2% and 0.1% respectively against the U.S. dollar and the British pound was flat against the dollar, with 1 pound buying $1.38.

In commodities, international benchmark Brent crude fell 1% to $84.79 a barrel. Gold also slipped 0.2% to $1,790.40 a troy ounce.

German 10-year bund yields were up to minus 0.113% and 10-year gilts yields were down to 1.100%. The yield on 10-year U.S. Treasury gained to 1.626% from 1.618%. Bond yields move in the opposite directions to prices.

Stocks in Asia mostly fell as Hong Kong’s Hang Seng shed 1.7%, Japan’s Nikkei 225 index was flat after declining 0.8% earlier, and China’s benchmark Shanghai Composite was lower 1%.

Traders work on the floor of the New York Stock Exchange on Monday.



Photo:

Spencer Platt/Getty Images

—An artificial-intelligence tool was used in creating this article.

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...

© 2021 Newslebrity.com - All Rights Reserved.