U.S. Stock Futures Tick Higher Ahead of Another Volley of Earnings Reports
U.S. stock futures ticked higher after the first banks to report
quarterly results posted strong profits and ahead of another flurry
of earnings updates and economic data.
S&P 500 futures rose 0.4% and futures on the Dow Jones
Industrial Average strengthened 0.3%. Changes in equity futures
don't necessarily predict movements after the opening bell.
Europe stocks climbed Thursday for a three-day run of gains. The
Stoxx Europe 600 added 0.3% in morning trade, and it is at its
highest level in a year. Consumer-staples and
information-technology sectors led gains while healthcare and
real-estate sectors lost ground.
Anheuser-Busch InBev jumped 2.2% for a two-session winning
The U.K.'s FTSE 100 gained 0.4%. Other stock indexes in Europe
also mostly climbed as France's CAC 40 rose 0.2%, the U.K.'s FTSE
250 added 0.3% and Germany's DAX rose 0.2%.
The euro and the British pound were up 0.1% against the U.S.
dollar and the Swiss franc was mostly flat against the dollar, with
1 franc buying $1.08.
In commodities, Brent crude was flat, at $66.56 a barrel. Gold
was up 0.6% to $1,747.00 a troy ounce.
German 10-year bund yields declined to minus 0.262% and the U.K.
10-year gilts yield was down to 0.804%. 10-year U.S. Treasury
yields declined to 1.623% from 1.637%. Yields move inversely to
Indexes in Asia were mixed as Japan's Nikkei 225 index notched a
small gain, rising 0.1% after climbing up to 0.5% during the
session, whereas Hong Kong's Hang Seng lost 0.8% and China's
benchmark Shanghai Composite was lower 0.5%.
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(END) Dow Jones Newswires
April 15, 2021 04:00 ET (08:00 GMT)
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