U.S. Stock Futures Tick Lower | Sidnaz Blog


U.S. stock futures pulled back on Monday, after having closed the prior week near records.

Futures on the S&P 500 slipped 0.3% and futures on the Dow Jones Industrial Average were down 0.2%. Changes in futures don’t necessarily predict moves after the opening bell.

In Europe, the Stoxx Europe 600 was lower 0.2% in morning trade as gains in communication services and information technology sectors were offset by losses in healthcare and consumer discretionary sectors.

The U.K.’s FTSE 100 meandered after the flat line. Other stock indexes in Europe mostly fell as France’s CAC 40 was down 0.2% and Germany’s DAX shed 0.3%.

The Swiss franc, the euro and the British pound depreciated 0.1%, 0.2% and 0.2% respectively against the U.S. dollar.

In commodities, international benchmark Brent crude declined 1% to $71.18 a barrel. Gold also fell 0.3% to $1,885.60 a troy ounce.

German 10-year bund yields were up to minus 0.205% and the yield on 10-year U.K. government debt known as gilts gained to 0.802%. 10-year U.S. Treasury yields rose to 1.580% from 1.559%. Bond yields move in the opposite directions to prices.

Stocks in Asia were mixed as Japan’s Nikkei 225 index added 0.3% and China’s benchmark Shanghai Composite gained 0.2%, whereas Hong Kong’s Hang Seng lost 0.6%.

Traders worked on the New York Stock Exchange on Thursday.


Nicole Pereira/Associated Press

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