U.S. stock futures ticked lower, a day after comments from Federal Reserve Chairman
about the central bank’s future interest-rate plans sent stocks on Wall Street soaring to their biggest one-day gain since 2020.
S&P 500 futures declined 0.5% and futures tied to the Dow Jones Industrial Average fell 0.3%. Contracts on the tech-focused Nasdaq-100 fell 0.7%. Changes in equity futures don’t necessarily predict market moves after the markets open.
European stocks climbed Thursday for a two-day run of gains. The Stoxx Europe 600 gained 1.5% in morning trade, led by gains in the consumer staples and energy sectors.
rose 3.3% for a two-session winning streak and
The U.K.’s FTSE 100 added 1.7%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 2.5%, the U.K.’s FTSE 250 climbed 1.5% and Germany’s DAX rose 2.4%.
The Swiss franc, the euro and the British pound dropped 0.3%, 0.2% and 0.8% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude strengthened 0.4% to $110.53 a barrel. Gold also gained 1.4% to $1,895.70 a troy ounce.
German 10-year bund yields were down to 0.971% and the yield on 10-year gilts was down to 1.933%. 10-year U.S. Treasury yields rose to 2.950% from 2.914%. Yields move in the opposite direction from prices.
Indexes in Asia climbed as Hong Kong’s Hang Seng rose 0.4% and China’s benchmark Shanghai Composite climbed 0.7%.
—An artificial-intelligence tool was used in creating this article.
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