U.S. Stock Futures Waver to Start the Week
March 22 2021 - 5:20AM
Dow Jones News
U.S. stock futures were mixed to start the week, suggesting
technology stocks could gain while the broader market wavers.
Futures on the S&P 500 declined 0.1% and futures tied to the
Dow Jones Industrial Average fell 0.3%. Contracts on the Nasdaq-100
rose 0.5%. Changes in futures don't necessarily predict movements
after the opening bell.
Europe stocks declined Monday for a two-trading-day losing
streak. The Stoxx Europe 600 was down 0.4% in morning trade. The
real-estate and information-technology sectors posted the main
losses while the healthcare sector rose.
Hammerson fell 6.4%, posted its fourth consecutive session of
declines.
The U.K.'s FTSE 100 lost 0.6%. Other stock indexes in Europe
also mostly slipped as France's CAC 40 was lower 0.9%, the U.K.'s
FTSE 250 shed 0.4% and Germany's DAX fell 0.4%.
The euro was down 0.1% against the U.S. dollar, with 1 euro
buying $1.19. Meanwhile, the Swiss franc and the British pound
strengthened 0.1% against the dollar.
In commodities, international benchmark Brent crude declined 1%
to $63.91 a barrel. Gold was also down 0.7% to $1,730.00 a troy
ounce.
The German 10-year bund yield fell to minus 0.318% and 10-year
gilts yields were down to 0.818%. The 10-year U.S. Treasury yield
was down to 1.677% from 1.729% on Friday. Yields move in the
opposite direction from prices.
In Asia, indexes were mixed as China's benchmark Shanghai
Composite added 1.1%, whereas Hong Kong's Hang Seng declined 0.2%
and Japan's Nikkei 225 index was lower 2.1%.
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(END) Dow Jones Newswires
March 22, 2021 05:05 ET (09:05 GMT)
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