Stock Futures Little Changed Ahead of Economic Data


U.S. stock futures were little changed while global stocks mostly gained ahead of a flurry of data including U.S. gross domestic product and the latest weekly jobless numbers.

Futures on the S&P 500 wobbled between small gains and losses and futures on the Dow Jones Industrial Average were up 0.2%. Changes in futures don’t necessarily predict market moves after the opening bell.

Europe stocks advanced Thursday for a two-day winning streak.

The Stoxx Europe 600 climbed 0.3% in morning trade. Industrials and energy sectors led gains while healthcare and utilities sectors lost ground.

UCB jumped 4.6% for a two-session run of gains and Aena S.M.E. rose 2.1%.

Centrica

declined 3.4%.

The U.K.’s FTSE 100 gained 0.3%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.4%, the U.K.’s FTSE 250 gained 0.2% and Germany’s DAX climbed 0.3%.

The Swiss franc and the euro strengthened 0.1% and 0.3% respectively against the U.S. dollar and the British pound was mostly flat against the U.S. dollar, with 1 pound buying $1.41.

In commodities, international benchmark Brent crude rose 0.8% to $66.72 a barrel. Gold slipped 0.3% to $1,791.80 a troy ounce.

German 10-year bund yields strengthened to minus 0.272% and the yield on 10-year U.K. government debt known as gilts rose to 0.770%. The yield on 10-year U.S. Treasury gained to 1.418% from 1.388%. Yields move inversely to prices.

Indexes in Asia mostly climbed as Hong Kong’s Hang Seng added 1.5%, Japan’s Nikkei 225 index rose 1.7%, and China’s benchmark Shanghai Composite rose 0.6%.

Traders worked on the floor of the New York Stock Exchange on Wednesday.



Photo:

Nicole Pereira/Associated Press

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