Stock Futures Waver With Major Tech Earnings on Tap

Stock Futures Waver With Major Tech Earnings on Tap


U.S. stock futures wavered ahead of day of corporate earnings reports from major technology firms.

Futures on the S&P 500 edged down 0.2%, while contracts on the tech-heavy Nasdaq-100 added 0.4%.

In Europe, the Stoxx Europe 600 lost 0.2% in morning trade as gains in consumer staples and real-estate sectors were muted by losses in industrials and energy sectors.

Icade

climbed 2.2% for a two-session run of gains and

J Sainsbury

rose 2.2%.

The FTSE 100, which is dominated by large international businesses, fell 0.2%.

Other stock indexes in Europe were mixed as France’s CAC 40 gained 0.2% while Germany’s DAX was down 0.3%.

The euro depreciated 0.1% against the dollar, with 1 euro buying $1.21. Meanwhile, the Swiss franc and the British pound were broadly flat against the U.S. dollar.

In commodities, international benchmark Brent crude strengthened 0.7% to $56.05 a barrel. Gold declined 0.2% to $1,847.10 a troy ounce.

German 10-year bund yields were up to minus 0.528% from minus 0.529% and 10-year U.K. government debt known as gilts yields gained to 0.274% from 0.267%. The yield on 10-year U.S. Treasury slipped to 1.038% from 1.040%. Yields move inversely to bond prices.

Stocks in Asia mostly climbed as Hong Kong’s Hang Seng flipped between gains and losses, and remained flat, Japan’s Nikkei 225 index rose 0.3%, and China’s benchmark Shanghai Composite climbed 0.1% after falling as much as 0.6% earlier.

Traders at the New York Stock Exchange on Tuesday.



Photo:

Nicole Pereira/Associated Press

Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link