Futures for the S&P 500 in the United States showed a modest gain of 0.1%, while futures for the Dow Jones Industrial Average increased slightly more by 0.2%. It’s important to note that changes in futures do not always accurately indicate how the market will move once trading begins.
European Stocks Experience Mixed Results
In morning trading, the Stoxx Europe 600 remained relatively unchanged. However, there were notable movements among individual stocks. UBS Group saw a significant increase of 5.5%, and Rockwool Series B also made a notable climb of 4.5%. Conversely, Ambu Series B experienced a decline of 5.7%, and Pernod Ricard dropped by 3.5%. The FTSE 100 index lost 0.1% as well. France’s CAC 40 declined marginally by 0.1%, while Germany’s DAX saw a modest increase of 0.1%.
Dollar Index Remains Stable
The Wall Street Journal Dollar Index maintained stability at 98.02.
Oil Prices Stay Steady
Brent crude oil remained flat at $85.25 per barrel, while WTI crude oil saw a small increase of 0.1% to reach $81.69 per barrel.
Bonds Yields Experience Minor Changes
The German 10-year Bund yield decreased by 3 basis points to 2.517% from 2.548%, while the yield on the 10-year U.S. Treasury remained steady at 4.11%. It’s important to remember that bond prices and yields move in opposite directions.
Asian Stocks Display Mixed Performance
Asian stock markets had varied results, as Japan’s Nikkei 225 index saw a gain of 0.9%. Conversely, Hong Kong’s Hang Seng fell by 0.9%, and China’s benchmark Shanghai Composite dropped by 0.6%.