S&P 500 Futures Point to Tepid Gains After Market Opens | Sidnaz Blog


S&P 500 stock futures edged higher Thursday, suggesting that the broad market gauge may post tepid advances after the opening bell following three consecutive days of gains.

Futures linked to the Nasdaq-100 index edged up 0.3%, pointing to continued advances for the technology sector. Contracts on the S&P 500 gained 0.1%.

10-year U.S. Treasury yields were down to 1.138% from 1.139%. Yields move inversely to prices.

Ford Motor is among the companies scheduled to report earnings on Thursday.


Scott Olson/Getty Images

Bristol-Myers Squibb, Philip Morris International,

News Corp.


Ford Motor

are among the companies scheduled to report earnings later in the day.

Overseas, the Stoxx Europe 600 edged up 0.2%. Among individual equities, John Wood Group rose 2.1% for a three-day winning streak.

The FTSE 100 added 0.5%.

The Swiss franc, the euro and the British pound dropped 0.2%, 0.2% and 0.3% respectively against the U.S. dollar.

In commodities, international benchmark Brent crude was up 0.7% to $58.88 a barrel. Gold fell 0.6% to $1,824.70 a troy ounce.

German 10-year bund yields were up to minus 0.461% from minus 0.463% and 10-year gilts yields rose to 0.381% from 0.372%.

In Asia, indexes mostly slipped as Hong Kong’s Hang Seng declined 0.7%, Japan’s Nikkei 225 index dropped 1.1%, and China’s benchmark Shanghai Composite shed 0.4%.

—An artificial-intelligence tool was used in creating this article.

Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8


Source link

Author: royalstylewebsitecreations