U.S. stock futures inched higher ahead of Monday’s opening bell, suggesting the S&P 500 could reach another record.
S&P 500 futures were up 0.1% and futures on the Dow Jones Industrial Average strengthened 0.1%. The contracts don’t necessarily predict moves after the markets open.
In Europe, the Stoxx Europe 600 traded mostly flat in morning trade as gains in healthcare and consumer staples sectors were balanced by losses in materials and energy sectors.
Ipsen slipped 2.2%.
The U.K.’s FTSE 100 was down 0.2%. Other stock indexes in Europe were mixed as Germany’s DAX and France’s CAC 40 were largely flat, whereas the U.K.’s FTSE 250 shed 0.2%.
The Swiss franc depreciated 0.1% against the U.S. dollar, with 1 franc buying $1.09 whereas the euro and the British pound gained 0.2% and 0.4% respectively against the dollar.
In commodities, Brent crude declined 0.1% to $75.32 a barrel. Gold rose 0.3% to $1,783.20 a troy ounce.
The yield on German 10-year bunds fell to minus 0.160% and 10-year gilts yields declined to 0.776%. The yield on 10-year U.S. Treasury was down to 1.522% from 1.535% on Friday. Yields move inversely to prices.
Stocks in Asia mostly slipped as Hong Kong’s Hang Seng lost 0.2%, Japan’s Nikkei 225 index traded broadly flat and fell 0.1%, and China’s benchmark Shanghai Composite was broadly flat.
The New York Stock Exchange was decorated for the initial public offering for Mister Car Wash on Friday.
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Zuma Press
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