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U.S. Stock Futures Rise Ahead of Economic Data

U.S. Stock Futures Rise Ahead of Economic Data

U.S. stock futures rose ahead of updated figures on U.S. economic growth and the number of Americans applying for unemployment benefits.

Futures on the S&P 500 were up 0.3% and Dow Jones Industrial Average futures rose 0.4%. The contracts don’t necessarily predict market moves after the markets open.

In Europe, the Stoxx Europe 600 added 0.5% in morning trade. Utilities and materials sectors led gains while energy and real-estate sectors lost ground.

United Utilities Group declined 3.3% for a two-session losing streak and John Wood Group fell 2%.

The U.K.’s FTSE 100 gained 0.2%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 climbed 0.6%, the U.K.’s FTSE 250 added 0.2% and Germany’s DAX rose 0.7%.

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