U.S. Stock Futures Little Changed Ahead of Economic Data
February 25 2021 - 4:24AM
Dow Jones News
U.S. stock futures were little changed while global stocks
mostly gained ahead of a flurry of data including U.S. gross
domestic product and the latest weekly jobless numbers.
Futures on the S&P 500 wobbled between small gains and
losses and futures on the Dow Jones Industrial Average were up
0.2%. Changes in futures don't necessarily predict market moves
after the opening bell.
Europe stocks advanced Thursday for a two-day winning
streak.
The Stoxx Europe 600 climbed 0.3% in morning trade. Industrials
and energy sectors led gains while healthcare and utilities sectors
lost ground.
UCB jumped 4.6% for a two-session run of gains and Aena S.M.E.
rose 2.1%.
Centrica declined 3.4%.
The U.K.'s FTSE 100 gained 0.3%. Other stock indexes in Europe
also mostly climbed as France's CAC 40 added 0.4%, the U.K.'s FTSE
250 gained 0.2% and Germany's DAX climbed 0.3%.
The Swiss franc and the euro strengthened 0.1% and 0.3%
respectively against the U.S. dollar and the British pound was
mostly flat against the U.S. dollar, with 1 pound buying $1.41.
In commodities, international benchmark Brent crude rose 0.8% to
$66.72 a barrel. Gold slipped 0.3% to $1,791.80 a troy ounce.
German 10-year bund yields strengthened to minus 0.272% and the
yield on 10-year U.K. government debt known as gilts rose to
0.770%. The yield on 10-year U.S. Treasury gained to 1.418% from
1.388%. Yields move inversely to prices.
Indexes in Asia mostly climbed as Hong Kong's Hang Seng added
1.5%, Japan's Nikkei 225 index rose 1.7%, and China's benchmark
Shanghai Composite rose 0.6%.
An
artificial-intelligence tool
was used in creating this article.
(END) Dow Jones Newswires
February 25, 2021 04:09 ET (09:09 GMT)
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