Stock futures inch higher ahead of tech earnings

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US stock futures rose ahead of another flurry of earnings reports from major technology companies.

The S&P 500 futures gained 0.2% and the Dow Jones Industrial Average futures gained 0.1%. Changes in equity futures do not necessarily predict movement after the market opens.

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European shares climbed on Tuesday for a three-season winning streak. The Stockx Europe 600 added 0.2% in morning trading. The consumer staples and healthcare sectors gained, while the energy and real estate sectors lost ground.

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The UK’s FTSE 100 rose 0.2%. Other stock indexes in Europe also climbed mostly as France’s CAC 40 rose 0.1%, the UK’s FTSE 250 rose 0.1% and Germany’s DAX rose 0.4%.

The Swiss franc and the euro declined 0.1% against the US dollar, while the British pound was flat against the US dollar, trading at $1.38 per pound.

Among commodities, Brent crude fell 0.1% to $85.10 a barrel. Gold too fell 0.1% to $1,804.30 per troy ounce.

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The yield on the German 10-year bond rose to minus 0.107% and the UK 10-year gilt yield rose to 1.147%. The 10-year US Treasury yield rose to 1.641% from 1.634%. Bond yields move inversely to prices.

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In Asia, Japan’s Nikkei 225 index rose 1.8%, while Hong Kong’s Hang Seng lost 0.8% and China’s Shanghai Composite lost 0.3%.

an artificial intelligence tool was used in the making of this article.


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