U.S. Stock Futures Rise Ahead of Jobless Data and Major Earnings Updates
April 29 2021 - 4:12AM
Dow Jones News
U.S. stock futures advanced ahead of jobless figures and another
batch of major corporate earnings reports.
S&P 500 futures were up 0.6% and Dow Jones Industrial
Average futures strengthened 0.4%. The contracts don't necessarily
predict market moves after the markets open.
In Europe, the Stoxx Europe 600 gained 0.5% in morning trade.
Led by gains in real estate and information technology sectors.
Hammerson added 2.8% for a two-day run of gains.
The U.K.'s FTSE 100 climbed 0.7%. Other stock indexes in Europe
also mostly climbed as France's CAC 40 rose 0.5%, the U.K.'s FTSE
250 climbed 0.2% and Germany's DAX added 0.1%.
The euro and the British pound gained 0.1% and 0.3% respectively
against the U.S. dollar and the Swiss franc was flat against the
U.S. dollar, with 1 franc buying $1.10.
In commodities, international benchmark Brent crude was up 0.2%
to $66.92 a barrel. Gold also gained 0.2% to $1,778.00 a troy
ounce.
The yield on German 10-year bunds slipped to minus 0.227% and
U.K. 10-year gilts yields rose to 0.808%. The yield on 10-year U.S.
Treasury gained to 1.644% from 1.621%. Yields move inversely to
bond prices.
Stocks in Asia climbed as Hong Kong's Hang Seng climbed 0.6% and
China's benchmark Shanghai Composite added 0.5%.
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(END) Dow Jones Newswires
April 29, 2021 03:57 ET (07:57 GMT)
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