U.S. Stock Futures Inch Higher
May 18 2021 - 4:06AM
Dow Jones News
U.S. stock futures gained on Tuesday, signaling a rebound for
major indexes from mild losses at the start of the week.
S&P 500 futures strengthened 0.5% and futures on the Dow
Jones Industrial Average were up 0.4%. Changes in futures don't
necessarily predict moves after the markets open.
In Europe, the Stoxx Europe 600 rose 0.7% in morning trade. Led
by gains in communication services and information technology
sectors.
Vivendi climbed 3.7% for a four-day winning streak and Micro
Focus International jumped 10%.
Iliad slipped 6.2%.
The U.K.'s FTSE 100 added 0.9%. Other stock indexes in Europe
also mostly climbed as France's CAC 40 gained 0.6%, the U.K.'s FTSE
250 added 0.8% and Germany's DAX rose 0.7%.
The Swiss franc, the euro and the British pound gained 0.5%,
0.4% and 0.4% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude was up 0.9%
to $70.10 a barrel. Gold was also up 0.2% to $1,870.50 a troy
ounce.
German 10-year bund yields gained to minus 0.109% and the
10-year gilts yield strengthened to 0.881%. 10-year U.S. Treasury
yields inched up to 1.647% from 1.639% on Monday. Bond yields move
in the opposite directions to prices.
In Asia, indexes mostly climbed as Hong Kong's Hang Seng climbed
1.3%, Japan's Nikkei 225 index added 2.1%, and China's benchmark
Shanghai Composite climbed 0.3%.
An artificial-intelligence tool
was used in creating this article.
(END) Dow Jones Newswires
May 18, 2021 03:51 ET (07:51 GMT)
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