US Futures Indicate Slight Decline
U.S. futures for the S&P 500 and Dow Jones Industrial Average are both down by 0.1%. However, it’s important to note that changes in futures do not always accurately predict market movements after the opening bell.
European Markets Experience Losses
In morning trading, the Stoxx Europe 600 saw a decline of 0.5%. While Millicom Intl Cellular saw a climb of 4.2% and Auto1 Group added 2.1%, Remy Cointreau dropped by 5.5% and Ubisoft Entertainment slipped by 4.9%. The FTSE 100 also experienced a loss of 0.5%. Additionally, France’s CAC 40 decreased by 0.7% and Germany’s DAX dropped by 0.6%.
Wall Street Journal Dollar Index Rises
The Wall Street Journal Dollar Index rose by 0.2%, reaching a value of 97.05.
Crude Oil Prices Show Modest Gains
Commodities-wise, Brent crude gained 0.5% and reached $78.01 per barrel, while WTI crude rose by 0.8% and reached $72.75 per barrel.
Bond Yields See Marginal Increases
Mixed Performance in Asian Stocks
Asian markets displayed mixed results with Japan’s Nikkei 225 index experiencing a climb of 0.3%. Meanwhile, Hong Kong’s Hang Seng declined by 0.7% and China’s benchmark Shanghai Composite fell by 0.9%.