U.S. stock futures edged lower a day after the Dow Jones Industrial Average suffered its steepest one-day decline since February, and ahead of a fresh read on inflation.

S&P 500 futures fell 0.3% and futures tied to the Dow were down 0.3%. The contracts don't necessarily predict movements after the markets open.

In Europe, the Stoxx Europe 600 added 0.3% in morning trade. Led by gains in information technology and real-estate sectors.

The U.K.'s FTSE 100 rose 0.4%. Other stock indexes in Europe also mostly climbed as France's CAC 40 traded broadly flat and gained 0.1%, the U.K.'s FTSE 250 climbed 0.5% and Germany's DAX meandered near the flat line.

The Swiss franc slipped 0.2% against the U.S. dollar, with 1 franc buying $1.10. The euro was flat against the dollar, with 1 euro buying $1.21. The British pound strengthened 0.1% against the U.S. dollar, with 1 pound buying $1.41.

In commodities, international benchmark Brent crude was up 0.6% to $68.93 a barrel. Gold declined 0.1% to $1,834.70 a troy ounce.

The German 10-year bund yield was down to minus 0.165% and the yield on 10-year U.K. government debt known as gilts declined to 0.827%. The 10-year U.S. Treasury yield slipped to 1.617% from 1.623% on Tuesday. Bond yields and prices move inversely.

Indexes in Asia were mixed as Hong Kong's Hang Seng traded mostly flat and added 0.1% and China's benchmark Shanghai Composite rose 0.6%, whereas Japan's Nikkei 225 index fell 1.6% after trading higher 0.8% during the session.

An

artificial-intelligence tool

was used in creating this article.

 

(END) Dow Jones Newswires

May 12, 2021 03:56 ET (07:56 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
FTSE 100
Index Chart
From Aug 2024 to Sep 2024 Click Here for more FTSE 100 Charts.
FTSE 100
Index Chart
From Sep 2023 to Sep 2024 Click Here for more FTSE 100 Charts.