U.S. Stock Futures Edge Up to Start the Week
March 15 2021 - 5:05AM
Dow Jones News
U.S. stock futures edged up and European indexes advanced after
the Dow Jones Industrial Average finished its best week in months
to close at a record.
S&P 500 futures were up 0.1% and Dow futures gained 0.3%.
Changes in equity futures don't necessarily predict market moves
after the markets open.
In Europe, the Stoxx Europe 600 added 0.4% in morning trade, and
is at its highest level in a year. Consumer staples and information
technology sectors led gains while healthcare and real-estate
sectors lost ground.
The U.K.'s FTSE 100 climbed 0.2%. Other stock indexes in Europe
also mostly climbed as France's CAC 40 rose 0.4%, U.K.'s FTSE 250
gained 0.5%, and Germany's DAX traded flat and rose 0.1%.
The Swiss franc was mostly flat against the U.S. dollar, with 1
franc buying $1.08. The euro was down 0.2% against the U.S. dollar,
with 1 euro buying $1.19. The British pound was up 0.1% against the
dollar, with 1 pound buying $1.39.
In commodities, Brent crude strengthened 1% to $69.93 a barrel.
Gold also strengthened 0.3% to $1,724.10 a troy ounce.
The yield on German 10-year bunds slipped to minus 0.320%and the
10-year U.K. government debt known as gilts yield declined to
0.813%. The yield on 10-year U.S. Treasury slipped to 1.625% from
1.634% on Friday. Yields move inversely to prices.
Indexes in Asia were mixed as Hong Kong's Hang Seng was mostly
flat after climbing 1.5% earlier and Japan's Nikkei 225 index
climbed 0.2%, whereas China's benchmark Shanghai Composite was down
1%.
An
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(END) Dow Jones Newswires
March 15, 2021 04:50 ET (08:50 GMT)
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