Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

US Futures, European Stocks Slip

iHub News
Latest News
September 26 2023 12:10AM

In the U.S. futures for the S&P 500 were down 0.7% and futures for the Dow Jones Industrial Average fell 0.6%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 declined 0.7% in morning trading. Orpea climbed 3.8% and Barclays rose 1.7%. On the other hand, TUI lost 5.3%, and Close Brothers Group dropped 5.2%. The FTSE 100 lost 0.4%. Other stocks in Europe were down as France’s CAC 40 decreased 0.9% and Germany’s DAX dropped 0.7%.

The Wall Street Journal Dollar Index climbed 0.2% to 100.2.

In commodities, Brent crude fell 1.2% to $90.80 a barrel, and WTI crude dropped 1.2% to $88.60 a barrel.

The German 10-year Bund yield rose by 1 basis point to 2.805% from 2.799%, and the yield on the 10-year U.S. Treasury rose by 1 basis point to 4.545% from 4.537%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index dropped 1.1%, and Hong Kong’s Hang Seng fell 1.8%. China’s benchmark Shanghai Composite declined 0.4%.

Source: Dow Jones Newswires