U.S. stock futures followed global indexes higher ahead of services figures and a private employment report.

Futures on the S&P 500 strengthened 0.6% and futures tied to the Dow Jones Industrial Average gained 0.6%. The contracts don't necessarily predict movements after the markets open.

Europe stocks climbed Wednesday for a three-session winning streak.

The Stoxx Europe 600 rose 0.6% in morning trade. Consumer staples and information technology sectors led gains while the real-estate sector lost ground.

Micro Focus International jumped 12.6% for a three-day run of gains.

The U.K.'s FTSE 100 added 0.9%. Other stock indexes in Europe also mostly climbed as France's CAC 40 rose 0.7%, the FTSE 250 climbed 0.6% and Germany's DAX added 0.8%.

The Swiss franc fell 0.2% against the U.S. dollar, with 1 franc buying $1.09. The euro was flat against the U.S. dollar, with 1 euro buying $1.21. The British pound gained 0.1% against the dollar, with 1 pound buying $1.40.

In commodities, international benchmark Brent crude was up 0.4% to $62.95 a barrel. Gold slipped 0.4% to $1,727.10 a troy ounce.

The yield on German 10-year bunds rose to minus 0.344% and the yield on 10-year gilts strengthened to 0.704%. 10-year U.S. Treasury yields rose to 1.423% from 1.413% on Tuesday. Yields move inversely to prices.

In Asia, indexes mostly climbed as Hong Kong's Hang Seng gained 2.4%, Japan's Nikkei 225 index climbed 0.5%, and China's benchmark Shanghai Composite gained 1.9%.


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(END) Dow Jones Newswires

March 03, 2021 03:59 ET (08:59 GMT)

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