U.S. Stock Futures Rise Ahead of Jobless Data and Major Earnings Updates


U.S. stock futures advanced ahead of jobless figures and another batch of major corporate earnings reports.

S&P 500 futures were up 0.6% and Dow Jones Industrial Average futures strengthened 0.4%. The contracts don’t necessarily predict market moves after the markets open.

In Europe, the Stoxx Europe 600 gained 0.5% in morning trade. Led by gains in real estate and information technology sectors.

Hammerson

added 2.8% for a two-day run of gains.

The U.K.’s FTSE 100 climbed 0.7%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 rose 0.5%, the U.K.’s FTSE 250 climbed 0.2% and Germany’s DAX added 0.1%.

The euro and the British pound gained 0.1% and 0.3% respectively against the U.S. dollar and the Swiss franc was flat against the U.S. dollar, with 1 franc buying $1.10.

In commodities, international benchmark Brent crude was up 0.2% to $66.92 a barrel. Gold also gained 0.2% to $1,778.00 a troy ounce.

The yield on German 10-year bunds slipped to minus 0.227% and U.K. 10-year gilts yields rose to 0.808%. The yield on 10-year U.S. Treasury gained to 1.644% from 1.621%. Yields move inversely to bond prices.

Stocks in Asia climbed as Hong Kong’s Hang Seng climbed 0.6% and China’s benchmark Shanghai Composite added 0.5%.

Amazon will report quarterly earnings after Thursday’s closing bell.



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Watchara Phomicinda/Zuma Press

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