S&P 500 Futures Point to Tepid Gains After Market Opens
February 04 2021 - 4:16AM
Dow Jones News
S&P 500 stock futures edged higher Thursday, suggesting that
the broad market gauge may post tepid advances after the opening
bell following three consecutive days of gains.
Futures linked to the Nasdaq-100 index edged up 0.3%, pointing
to continued advances for the technology sector. Contracts on the
S&P 500 gained 0.1%.
10-year U.S. Treasury yields were down to 1.138% from 1.139%.
Yields move inversely to prices.
Bristol-Myers Squibb, Philip Morris International, News Corp.
and Ford Motor are among the companies scheduled to report earnings
later in the day.
Overseas, the Stoxx Europe 600 edged up 0.2%. Among individual
equities, John Wood Group rose 2.1% for a three-day winning
streak.
The FTSE 100 added 0.5%.
The Swiss franc, the euro and the British pound dropped 0.2%,
0.2% and 0.3% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude was up 0.7%
to $58.88 a barrel. Gold fell 0.6% to $1,824.70 a troy ounce.
German 10-year bund yields were up to minus 0.461% from minus
0.463% and 10-year gilts yields rose to 0.381% from 0.372%.
In Asia, indexes mostly slipped as Hong Kong's Hang Seng
declined 0.7%, Japan's Nikkei 225 index dropped 1.1%, and China's
benchmark Shanghai Composite shed 0.4%.
-- An artificial-intelligence tool was used in creating this
article.
(END) Dow Jones Newswires
February 04, 2021 04:01 ET (09:01 GMT)
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