Stock Futures Point to S&P 500 Extending Rally After Friday’s | Sidnaz Blog

U.S. stock futures rose Monday, suggesting that the S&P 500 will extend its rally after ending last week at a record high.

Futures tied to the S&P 500 ticked up 0.3%, while those on the tech-heavy Nasdaq-100 index gained 0.4%.

The yield on 10-year U.S. Treasurys gained to 1.195% from 1.169%. Bond yields and prices move inversely.

Overseas, the Stoxx Europe 600 gained 0.5%.

Among individual stocks, the

Weir Group


WEGRY 0.04%

rose 3.2% for a two-day run of gains and Capita climbed 2.4%.

EasyJet

declined 2% snapping a winning streak of more than a week and

Electrocomponents

fell 3.1%.

The U.K.’s FTSE 100 added 0.5%.

The Swiss franc and the British pound dropped 0.1% against the U.S. dollar. Meanwhile, the euro was mostly flat against the U.S. dollar, with 1 euro buying $1.20.

In commodities, international benchmark Brent crude was up 1.4% to $60.17 a barrel. Gold also gained 0.1% to $1,814.60 a troy ounce.

German 10-year bund yields gained to minus 0.416% from minus 0.446% and the 10-year U.K. gilts yield rose to 0.526% from 0.484%.

Indexes in Asia mostly climbed as Hong Kong’s Hang Seng rose 0.1%, Japan’s Nikkei 225 index added 2.1%, and China’s benchmark Shanghai Composite gained 1%.

SoftBank shares climbed 4% after the Japanese investment giant posted a $11 billion profit on Monday.



Photo:

charly triballeau/Agence France-Presse/Getty Images

SoftBank shares climbed over 4 % in Japan after the giant technology investor rode markets to a big quarterly profit, largely on the back of investment gains at its $100 billion Vision Fund and its $10 billion successor.

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

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