U.S. stock futures slid on Friday, suggesting that the S&P 500 will decline for a second day.

Contracts on the S&P 500 edged down 0.4%.

Europe stocks also declined Friday after a three-day run of gains.

The Stoxx Europe 600 fell 0.4% in morning trade. Industrials and materials sectors notched the biggest losses while the energy sector rose.

DS Smith PLC fell 4.1% and John Wood Group slipped 2.4%.

The U.K.'s FTSE 100 shed 0.5%.

Other stock indexes in Europe also fell. France's CAC 40 was down 0.7%. The U.K.'s FTSE 250 lost 0.6%, and Germany's DAX lost 0.4%.

The euro and the British pound fell 0.3% and 0.2% respectively against the dollar whereas the Swiss franc was mostly flat, with 1 franc buying $1.13.

In commodities, international benchmark Brent crude slipped 1.2% to $55.76 a barrel. Gold remained flat at $1,850.60 a troy ounce.

The yield on German 10-year bunds strengthened to minus 0.544% from minus 0.547% and U.K. 10-year gilts yields gained to 0.299% from 0.294%. 10-year U.S. Treasury yields declined to 1.108% from 1.128%. Yields move inversely to prices.

In Asia, indexes were mixed. Hong Kong's Hang Seng climbed 0.3% after falling as much as 0.7% during the session and China's benchmark Shanghai Composite was broadly flat. Japan's Nikkei 225 index was 0.6% lower.

--An

artificial-intelligence tool

was used in creating this article.

 

(END) Dow Jones Newswires

January 15, 2021 03:58 ET (08:58 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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