U.S. Stock Futures Slip After Fresh Records
U.S. stock futures and global indexes slipped on Friday, a day
after technology shares led American equities to fresh records.
S&P 500 futures were down 0.6%, and contracts linked to the
Nasdaq-100 edged down 0.5%.
The Stoxx Europe 600 lost 0.6% in morning trade. Industrials and
energy sectors drove the losses while health care and information
technology sectors rose.
BP slipped 2% for a two-day losing streak and Safran fell
Regional stock markets in Europe also mostly fell. The U.K.'s
FTSE 100 was down 0.4%, France's CAC 40 was lower 0.6% and
Germany's DAX was fell 0.6%.
The euro and the British pound dropped 0.1% and 0.3%
respectively against the U.S. dollar.
In commodities, international benchmark Brent crude oil fell
1.3% to $55.35 a barrel. Gold also slipped 0.3% to $1,860.70 a troy
German 10-year bund yields were down to minus 0.503% from minus
0.493% and the yield on U.K. 10-year gilts was down to 0.317% from
0.332%. The 10-year U.S. Treasury yield slipped to 1.101% from
1.114%. Yields move inversely to prices.
Indexes in Asia mostly fell as Hong Kong's Hang Seng declined
1.4%, Japan's Nikkei 225 index shed 0.4%, and China's benchmark
Shanghai Composite fell 0.4%.
An artificial-intelligence tool was used in creating this
(END) Dow Jones Newswires
January 22, 2021 03:59 ET (08:59 GMT)
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