In the United States, futures for the S&P 500 and the Dow Jones Industrial Average were both up by 0.6%. However, it’s important to note that changes in futures don’t always accurately predict market movements during trading hours.
Across Europe, the Stoxx Europe 600 saw a gain of 0.6% in morning trading. Knorr-Bremse experienced a notable rise of 5%, while Quilter saw an increase of 3.6%. On the other hand, ISS A/S suffered a decline of 5.9%, and Spirax-Sarco Engineering lost 5.4%. The FTSE 100 also made a modest gain of 0.1%. Additionally, France’s CAC 40 rose by 1.4%, and Germany’s DAX increased by 0.6%.
The Wall Street Journal Dollar Index fell by 0.2% to reach 97.09.
Moving on to commodities, Brent crude oil rose by 0.5% to $87.99 per barrel, while WTI crude climbed by the same percentage to reach $84.79 per barrel.
In bond markets, the German 10-year Bund yield increased by 3 basis points, rising from 2.497% to 2.523%. Similarly, the yield on the 10-year U.S. Treasury moved up by 2 basis points, increasing from 4.014% to 4.021%. It’s crucial to remember that bond prices and yields move in opposite directions.
Asia witnessed mixed performance in its stock markets. Japan’s Nikkei 225 index recorded a gain of 0.8%, while Hong Kong’s Hang Seng remained relatively flat. China’s benchmark Shanghai Composite saw a modest increase of 0.3%.
