U.S. Stock Futures Inch Up Ahead of Jobless Data
April 08 2021 - 4:13AM
Dow Jones News
U.S. stock futures ticked higher ahead of a weekly update on new
applications for jobless benefits.
S&P 500 futures were up 0.4% and futures on the Dow Jones
Industrial Average strengthened 0.2%. Futures on the
technology-heavy Nasdaq-100 added 0.7%. The contracts don't
necessarily predict market moves after the markets open.
In Europe, the Stoxx Europe 600 added 0.3% in morning trade, and
it is at its highest level in a year. The information-technology
and communication-services sectors led gains while the
consumer-staples and consumer-discretionary sectors lost
ground.
The Sage Group jumped 2.2% for a five-session winning
streak.
Carnival fell 2.8% snapping a three-day run of gains and SSP
Group slipped 2.7%.
The U.K.'s FTSE 100 climbed 0.3%. Other stock in Europe were
mixed as France's CAC 40 rose 0.4% and Germany's DAX gained 0.3%,
whereas the U.K.'s FTSE 250 edged down 0.1%.
The Swiss franc, the euro and the British pound were up 0.1%,
0.1% and 0.3% respectively against the U.S. dollar.
In commodities, Brent crude was down 0.4% to $62.90 a barrel.
Gold was up 0.2% to $1,744.70 a troy ounce.
German 10-year bund yields were down to minus 0.323% and 10-year
U.K. government debt known as gilts yields strengthened to 0.785%.
The yield on 10-year U.S. Treasury edged up to 1.659% from 1.653%.
Bond yields and prices move inversely.
Indexes in Asia were mixed as Hong Kong's Hang Seng rose 1.2%
and China's benchmark Shanghai Composite was flat, rising 0.1%
after declining 0.6% earlier, whereas Japan's Nikkei 225 index was
broadly flat, losing 0.1% after falling 0.7%.
An
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(END) Dow Jones Newswires
April 08, 2021 03:58 ET (07:58 GMT)
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