Yield on the 10-year US Treasury rose higher
US stock futures changed little after the S&P 500 neared its 55th record for the year.
S&P 500 futures slid less than 0.1% and Dow Jones Industrial Average futures added 0.1%. Changes in equity futures do not necessarily predict market movements after the market opens.
In Europe, the Stockx Europe 600 added 0.2% in morning trade as gains in the healthcare and information technology sectors were balanced by losses in the consumer staples and energy sectors.
Chipotle records record sales after price hike
The UK’s FTSE 100 rose 0.1%. Other stock indexes in Europe were mixed as France’s CAC 40 climbed 0.5% and Germany’s DAX rose 0.2%, while the UK’s FTSE 250 followed the flat line.
The Swiss franc and the euro were up 0.1% and 0.2% respectively against the US dollar and the British pound was mostly flat against the dollar, with 1 pound buying $1.38.
In commodities, Brent crude was down 0.2% at $84.41 a barrel. Gold rose 0.6% to $1,792.90 per troy ounce.
Intel’s earnings fall due to chip shortage
The German 10-year Bund yield strengthened to minus 0.089% and the UK 10-year Gilt yield declined to 1.191%. The 10-year US Treasury yield rose to 1.684% from 1.674%. Yields move inversely to bond prices.
Get Granthshala Business on the go by clicking here
Indices in Asia were mixed after Hong Kong’s Hang Seng and Japan’s Nikkei 225 fell 0.2% during the session, while China’s benchmark Shanghai Composite fell 0.3%.
–an artificial intelligence tool was used in the making of this article.