Investors reflect on economic growth and the impact of the Covid-19 delta version
US stock futures rose on Friday and Asian and European equity indices also rose.
Futures on the S&P 500 were up 0.1% and futures tied to the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict moves after the opening bell. US stocks fell on Thursday As investors weighed in on the latest economic data and the stock-market pullback in China mixed cues.
Shares in Europe advanced on Friday to a two-season winning streak. The Stockx Europe 600 climbed 0.7% in morning trading. Industry and energy sectors gained, while the materials sector lost ground.
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The UK’s FTSE 100 rose 0.7%. Other stocks in Europe also climbed mostly as France’s CAC 40 gained 0.8% and the FTSE 250 gained 0.3%. Germany’s DAX remained largely flat.
Stocks in Asia rose mostly, as Hong Kong’s Hang Seng rose 0.3%, up 0.9% earlier, and China’s benchmark Shanghai Composite rose 0.2%, falling as much as 1% during the session. Japan’s Nikkei 225 index rose 0.6%.
In commodities, Brent crude fell 0.3% to $75.46 a barrel. Gold rose 0.4% to $1,763.30 per troy ounce.
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The benchmark 10-year US Treasury yield declined to 1.334% from 1.335%. Bond prices and yields move in opposite directions. The German 10-year Bund yield rose from minus 0.300% to minus 0.288% and the UK 10-year Gilt yield rose from 0.727% to 0.728%.
–an artificial intelligence tool was used in the making of this article.