U.S. Stock Futures and Global Indexes Decline
U.S. stock futures fell, suggesting Wall Street indexes will pull back from the prior day’s rally in an extension of the week’s volatile trading.
Futures on the S&P 500 were down 0.7% and futures tied to the Dow Jones Industrial Average declined 0.6%. Changes in futures don’t necessarily predict moves after the markets open.
In Europe, the Stoxx Europe 600 shed 1.1% in morning trade dragged down by declines in healthcare and real-estate sectors.
The U.K.’s FTSE 100, which is dominated by large international businesses, was lower 0.9%. Other stock indexes in Europe also mostly fell as France’s CAC 40 lost 1.3%, the U.K.’s FTSE 250 was down 0.7% and Germany’s DAX fell 1.2%.
The Swiss franc, the euro and the British pound slipped 0.1%, 0.2% and 0.4% respectively against the dollar.
In commodities, Brent crude was up 0.6% to $83.07 a barrel. Gold was down 0.7% to $1,748.80 a troy ounce.
German 10-year bund yields gained to minus 0.150% and the yield on U.K. 10-year gilts rose to 1.143%. 10-year U.S. Treasury yields strengthened to 1.566% from 1.528%. Bond prices and yields move in opposite directions.
Stocks in Asia mostly fell as Hong Kong’s Hang Seng shed 0.6% after trading higher 0.6% during the session and Japan’s Nikkei 225 index lost 1.1% after gaining 1.4% earlier.
—An artificial-intelligence tool was used in creating this article.
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