In the U.S., futures for the S&P 500 dipped by 0.1%, while futures for the Dow Jones Industrial Average experienced a 0.2% decrease. However, it is important to note that changes in futures do not necessarily predict movements after the opening bell.
In Europe, the Stoxx Europe 600 remained unchanged in morning trading. Notably, Orkla saw a gain of 4.4%, and Dr. Martens climbed by 3.7%. On the other hand, Addtech Series B slipped by 14.3%, and Lifco Series B fell by 7.7%. The FTSE 100 remained flat. Within Europe, stock performances were mixed as France’s CAC 40 gained 0.2% and Germany’s DAX dropped by 0.1%.
The Wall Street Journal Dollar Index observed a slight increase of 0.1%, reaching 94.74.
In the commodities market, Brent crude experienced a decline of 0.5%, reaching $80.98 per barrel, while WTI crude dropped by 0.4% to $76.57 per barrel.
In bond yields, the German 10-year Bund saw an increase of 5.5 basis points, reaching 2.506% from 2.451%. Conversely, the yield on the 10-year U.S. Treasury climbed by 3.2 basis points to 3.8% from 3.768%. It is important to remember that bond prices and yields generally move in opposite directions.
Stocks in Asia exhibited mixed performance as Japan’s Nikkei 225 index declined by 0.1%, while Hong Kong’s Hang Seng saw an increase of 0.3%. China’s benchmark Shanghai Composite remained steady.