U.S. Stock Futures Little Changed Ahead of Inflation Data
U.S. stock futures were little changed ahead of inflation
figures, putting major indexes on course to continue this week's
pattern of small moves.
S&P 500 futures traded mostly flat and Dow Jones Industrial
Average futures strengthened 0.1%. Changes in equity futures don't
necessarily predict market moves after the opening bell.
In Europe, the Stoxx Europe 600 added 0.1% in morning trade as
gains in the consumer-discretionary and information-technology
sectors were offset by losses in the consumer-staples and
SSP Group declined 2.4%.
The U.K.'s FTSE 100 shed 0.1%. Other stock indexes in Europe
mostly inched up as France's CAC 40 gained 0.3%, the U.K.'s FTSE
250 rose 0.1% and Germany's DAX climbed 0.1%.
The Swiss franc and the euro fell 0.2% and 0.1% respectively
against the U.S. dollar whereas the British pound was up 0.2%
against the U.S. dollar, with 1 pound buying $1.38.
In commodities, international benchmark Brent crude rose 0.7% to
$63.72 a barrel. Gold was down 0.5% to $1,724.20 a troy ounce.
German 10-year bund yields strengthened to minus 0.280% and the
U.K. 10-year gilts yield was up to 0.809%. 10-year U.S. Treasury
yields strengthened to 1.696% from 1.674%. Bond prices and yields
move in opposite directions.
In Asia, indexes were mixed as Hong Kong's Hang Seng gained 0.3%
and Japan's Nikkei 225 index rose 0.7%, whereas China's benchmark
Shanghai Composite was lower 0.5%.
was used in creating this article.
(END) Dow Jones Newswires
April 13, 2021 04:12 ET (08:12 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.