U.S. Stock Futures Rise Ahead of Data
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
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
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
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%.
was used in creating this article.
(END) Dow Jones Newswires
March 03, 2021 03:59 ET (08:59 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.