U.S. Stock Futures Rise Ahead of Earnings, Jobs Data
U.S. stock futures rose Thursday ahead of a flurry of earnings
reports and a weekly update on the number of Americans applying for
Futures on the S&P 500 rose 0.3% and futures tied to the Dow
Jones Industrial Average strengthened 0.3%. Changes in futures
don't necessarily predict moves after the markets open.
Europe stocks advanced Thursday for a two-day run of gains.
The Stoxx Europe 600 climbed 0.1% in morning trade as gains in
consumer staples and communication services sectors were balanced
by losses in financials and information technology sectors.
Anheuser-Busch InBev jumped 3.3%.
The U.K.'s FTSE 100, which is dominated by large international
businesses, gained 0.3%. Other stock indexes in Europe also mostly
climbed as France's CAC 40 added 0.4%, the U.K.'s FTSE 250 gained
0.2% and Germany's DAX added 0.3%.
The Swiss franc and the euro were up 0.1% against the U.S.
dollar and the British pound was mostly flat against the dollar,
with 1 pound buying $1.39.
In commodities, Brent crude was up 0.1% to $69.05 a barrel. Gold
also gained 0.6% to $1,795.40 a troy ounce.
The yield on German 10-year bunds slipped to minus 0.230% and
10-year gilts yields fell to 0.805%. The 10-year U.S. Treasury
yield fell to 1.574% from 1.584% on Wednesday. Yields move
inversely to bond prices.
Stocks in Asia were mixed as Hong Kong's Hang Seng climbed 0.6%
and Japan's Nikkei 225 index rose 1.8%, whereas China's benchmark
Shanghai Composite was down 0.2% after trading higher 0.7% during
was used in creating this article.
(END) Dow Jones Newswires
May 06, 2021 03:52 ET (07:52 GMT)
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