UKX FTSE 100 Index

U.S. stock futures gained on Tuesday, suggesting that the major indexes will continue a rally that helped them breach record highs at the end of last week.

Futures on the S&P 500 rose 0.5% and contracts on the Dow Jones Industrial Average strengthened 0.6%. Changes in equity futures don't necessarily predict movements after the markets open.

U.S. markets were closed on Monday for the Presidents Day holiday.

The yield on 10-year U.S. Treasurys strengthened to 1.229%, from 1.199% on Friday. Yields and prices move in opposite directions.

Overseas, European stocks climbed Tuesday for a four-day winning streak. The pan-continental Stoxx Europe 600 added 0.2%, and the U.K.'s FTSE 100 gained 0.6%.

Among individual stocks, Rotork jumped 4% for a two-session run of gains. Vivendi fell 2.1%.

The Swiss franc and the British pound were up 0.1% against the U.S. dollar and the euro was flat against the U.S. dollar, with 1 euro buying $1.21.

In commodities, international benchmark Brent crude slid 0.2% to $63.19 a barrel. Gold declined 0.2% to $1,820.10 a troy ounce.

The German 10-year bund yield was at minus 0.390% and the yield on 10-year U.K. government debt known as gilts was at 0.565%.

Stocks in Asia climbed. Hong Kong's Hang Seng gained 1.9% and Japan's Nikkei 225 index added 1.3%.

-- An artificial-intelligence tool was used in creating this article.

(END) Dow Jones Newswires

February 16, 2021 03:56 ET (08:56 GMT)

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