U.S. Stock Futures Tick Higher as Treasury Yields Edge Down
March 19 2021 - 5:16AM
Dow Jones News
U.S. stock futures ticked higher and government bond yields
edged down as technology shares looked set to partially recover
from Thursday's rout.
S&P 500 futures rose 0.3% and Dow Jones Industrial Average
futures gained 0.1%. Tech-heavy Nasdaq-100 futures added 0.8%.
Changes in futures don't necessarily predict movements after the
opening bell.
In Europe, the Stoxx Europe 600 shed 0.7% in morning trade.
Consumer staples and information technology sectors posted the main
losses while utilities sector rose.
Micro Focus International declined 3%.
The U.K.'s FTSE 100 index fell 1.2%. Other stock indexes in
Europe also mostly slipped as France's CAC 40 was down 0.7%, the
U.K.'s FTSE 250 lost 0.9% and Germany's DAX was down 0.5%.
The Swiss franc, the euro and the British pound strengthened
0.1%, 0.1% and 0.2% respectively against the U.S. dollar.
In commodities, Brent crude fell 0.2% to $63.13 a barrel. Gold
was up 0.4% to $1,739.70 a troy ounce.
The yield on 10-year U.S. Treasurys fell to 1.679% from 1.730%
on Thursday. German 10-year bund yields slipped to minus 0.300% and
10-year gilts yields were down to 0.821%. Yields move in the
opposite direction from prices.
Stocks in Asia mostly fell as Hong Kong's Hang Seng was down
1.8%, Japan's Nikkei 225 index was lower 1.4%, and China's
benchmark Shanghai Composite declined 1.7%.
An
artificial-intelligence tool
was used in creating this article.
(END) Dow Jones Newswires
March 19, 2021 05:01 ET (09:01 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
FTSE 100
Index Chart
From Mar 2024 to Apr 2024
FTSE 100
Index Chart
From Apr 2023 to Apr 2024