U.S. Futures Show Minor Gains
Futures for the S&P 500 in the United States saw a slight increase of 0.1%, while futures for the Dow Jones Industrial Average rose by 0.2%. However, it is important to note that changes in futures do not always indicate the direction of market movements after the opening bell.
European Markets Remain Steady
In morning trading, the Stoxx Europe 600 remained flat. Johnson Matthey experienced a significant gain of 11%, and THG rose by 3.2%. Conversely, bioMerieux dropped by 6.2%, and DocMorris declined by 4.1%. The FTSE 100 added 0.3% to its value. Other European stocks were less fortunate as France’s CAC 40 decreased by 0.2% and Germany’s DAX dropped by 0.1%.
Dollar Index Sees Slight Decline
The Wall Street Journal Dollar Index showed a minor decrease of 0.1%, reaching a value of 98.09.
Crude Oil Prices See Moderate Gains
Brent crude oil experienced a 0.4% increase, reaching $87.22 per barrel, while WTI crude climbed by the same percentage, reaching $84.00 per barrel.
Bond Yields Show Mixed Movement
The yield on the German 10-year Bund increased by 3 basis points to 2.491% from 2.465%. On the other hand, the yield on the 10-year U.S. Treasury remained flat at 4.112%. It is important to remember that bond prices and yields move in opposite directions.
Mixed Performance in Asian Markets
While Japan’s Nikkei 225 index saw a modest increase of 0.3%, Hong Kong’s Hang Seng declined by 0.5%. China’s benchmark Shanghai Composite showed a slight gain of 0.4%.
