U.S. Stock Futures Hover After Wall Street Hits Fresh Records

June 29, 2021 3:38 am ET

U.S. stock futures were little changed after gains in the technology sector lifted the S&P 500 and the Nasdaq Composite to record closes.

Futures on the S&P 500 traded mostly flat and futures tied to the Dow Jones Industrial Average were up 0.2%. The contracts don’t necessarily predict movements after the opening bell.

Europe stocks climbed Tuesday for a three-day winning streak.

The Stoxx Europe 600 rose 0.3% in morning trade. Materials and energy sectors led gains while utilities and real-estate sectors lost ground.

Endesa

slipped 5.9% for a two-session losing streak.

The U.K.’s FTSE 100, which is dominated by large international businesses, added 0.2%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 0.3%, the U.K.’s FTSE 250 added 0.1% and Germany’s DAX rose 0.5%.

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

In commodities, international benchmark Brent crude declined 0.2% to $73.96 a barrel. Gold also slipped 0.3% to $1,775.00 a troy ounce.

The German 10-year bund yield gained to minus 0.183% and the yield on 10-year U.K. government debt known as gilts was up to 0.739%. 10-year U.S. Treasury yields strengthened to 1.484% from 1.478%. Yields move inversely to bond prices.

Indexes in Asia mostly fell as Hong Kong’s Hang Seng was down 1%, Japan’s Nikkei 225 index shed 0.8%, and China’s benchmark Shanghai Composite lost 0.9%.

A trader stood outside of the New York Stock Exchange on Monday.

Photo:

andrew kelly/Reuters

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

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


Source link

error: Content is protected !!