U.S. stock futures ticked higher after a dramatic start to the week that saw a selloff on fears around the Delta variant of Covid-19 largely reverse itself as investors rushed back into equities.
Futures on the S&P 500 strengthened 0.3% and futures on the Dow Jones Industrial Average were up 0.4%. The contracts don’t necessarily predict market moves after the markets open.
In Europe, the Stoxx Europe 600 climbed 1.1% in morning trade with the energy and utilities sectors leading gains.
The U.K.’s FTSE 100 rose 1.2%. Other regional indexes in Europe mostly climbed as France’s CAC 40 gained 1.1% and the U.K.’s FTSE 250 added 0.6%, whereas Germany’s DAX added 0.5%.
The Swiss franc, the euro and the British pound fell 0.1%, 0.2% and 0.2% respectively against the U.S. dollar.
In commodities, Brent crude declined 0.4% to $69.08 a barrel. Gold remained flat, at $1,811.60 a troy ounce.
The yield on German 10-year bunds slipped to minus 0.415% and the 10-year U.K. government debt known as gilts yield was down to 0.551%. 10-year U.S. Treasury yields edged up to 1.211% from 1.208%. Bond prices and yields move in opposite directions.
Indexes in Asia were mixed as Japan’s Nikkei 225 index climbed 0.6% and China’s benchmark Shanghai Composite gained 0.7%, whereas Hong Kong’s Hang Seng was lower 0.6%.
—An artificial-intelligence tool was used in creating this article.
Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8