U.S. stock futures ticked lower ahead of testimony on Capitol Hill from the leaders of the Federal Reserve and the Treasury Department on the state of the economic recovery.
Futures on the S&P 500 slipped 0.4% and futures on the Dow Jones Industrial Average fell 0.1%. Changes in equity futures do not necessarily predict market moves after the markets open.
In Europe, the Stoxx Europe 600 declined 0.3% in morning trade. Information technology and communication services sectors notched the biggest losses while consumer staples and health care sectors rose.
The Sage Group slipped 3.5% for a three-session losing streak and Coca-Cola HBC fell 2.2%.
The U.K.’s FTSE 100 meandered after the flat line. Other stock in Europe mostly slipped as France’s CAC 40 lost 0.1%, the U.K.’s FTSE 250 was down 0.5% and Germany’s DAX declined 0.3%.
The Swiss franc, the euro and the British pound fell 0.4%, 0.1% and 0.2% respectively against the U.S. dollar.
In commodities, Brent crude gained 1% to $79.51 a barrel. Gold fell 0.7% to $1,740.50 a troy ounce.
German 10-year bund yields were up to minus 0.186% and the 10-year U.K. government debt known as gilts yield was up to 0.904%. 10-year U.S. Treasury yields rose to 1.533% from 1.482%. Bond yields move in the opposite directions to prices.
Stocks in Asia were mixed as Hong Kong’s Hang Seng added 1.8% and China’s benchmark Shanghai Composite climbed 0.5%, whereas Japan’s Nikkei 225 index was down 0.2%.
Traders worked on the floor of the New York Stock Exchange on Monday.
Photo: brendan mcdermid/Reuters
—An artificial-intelligence tool was used in creating this article.
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