U.S. Stock Futures Hover After S&P 500 Hits Record
June 11 2021 - 4:09AM
Dow Jones News
U.S. stock futures were little changed a day after the S&P
500 nudged up to a fresh record as investors weighed rising
inflation against evidence of a healing labor market.
S&P 500 futures traded mostly flat and futures on the Dow
Jones Industrial Average traded flat. Changes in equity futures
don't necessarily predict movements after the markets open.
In Europe, the Stoxx Europe 600 gained 0.3% in morning trade,
and it is at its highest level in a year as gains in healthcare and
communication services sectors were muted by losses in financials
and real-estate sectors.
The U.K.'s FTSE 100 added 0.5%. Other stock indexes in Europe
mostly gained as France's CAC 40 rose 0.3% and the U.K.'s FTSE 250
climbed 0.3%, while Germany's DAX was flat.
The British pound depreciated 0.1% against the U.S. dollar, with
1 pound buying $1.42 whereas the Swiss franc and the euro
strengthened 0.1% against the dollar.
In commodities, international benchmark Brent crude was up 0.1%
to $72.60 a barrel. Gold also gained 0.5% to $1,905.10 a troy
ounce.
The yield on German 10-year bunds declined to minus 0.274% and
10-year U.K. government debt known as gilts yields were down to
0.704%. 10-year U.S. Treasury yields slipped to 1.436% from 1.458%.
Yields move in the opposite direction from prices.
Indexes in Asia were mixed as Hong Kong's Hang Seng added 0.6%,
whereas Japan's Nikkei 225 index was broadly flat and China's
benchmark Shanghai Composite was lower 0.6%.
An artificial-intelligence tool
was used in creating this article.
(END) Dow Jones Newswires
June 11, 2021 03:54 ET (07:54 GMT)
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