US Futures Flat, European Stocks Up as Rate-Cut Optimism Boosts Mood
December 28 2023 - 4:08AM
Dow Jones News
U.S. futures for the S&P 500 were up 0.1% and futures for
the Dow Jones Industrial Average were flat. Changes in futures do
not necessarily predict movements after the opening bell.
In Europe, the Stoxx Europe 600 gained 0.3% in morning trading.
Vestas Wind Systems climbed 2.7% and Samhaellsbyggnadsbolaget rose
2.7%. On the other hand, Uniper dropped 1.7%, and Grafton Group
slipped 1.1%. The FTSE 100 added 0.2%. Other stocks in Europe were
up as France's CAC 40 increased 0.2% and Germany's DAX climbed
0.2%.
The Wall Street Journal Dollar Index dropped 0.3% to 95.42.
In commodities, Brent crude gained 0.2% to $79.69 a barrel, and
WTI crude rose 0.1% to $74.18 a barrel.
The German 10-year Bund yield rose by 1 basis point to 1.908%
from 1.897%, and the yield on the 10-year U.S. Treasury climbed by
2 basis points to 3.818% from 3.797%. Bond prices and yields move
in opposite directions.
Stocks in Asia were mixed as Japan's Nikkei 225 index fell 0.4%,
whereas Hong Kong's Hang Seng gained 2.5%. China's benchmark
Shanghai Composite climbed 1.4%.
-This article was automatically generated by MarketWatch.
Write to Barcelona Editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
December 28, 2023 03:53 ET (08:53 GMT)
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