Stock Futures Edge Down as Energy Prices Climb

- Advertisement -


US oil was trading at over $80 a barrel

- Advertisement -

In Europe, the Stocks Europe 600 deviated after a flat line in morning trade as gains in the materials and energy sectors were muted by losses in the communications services and real estate sectors.

- Advertisement -

The UK’s FTSE 100 rose 0.2%. Other stock indexes in Europe were mixed as France’s CAC 40 was broadly flat, while the UK’s FTSE 250 was down 0.2% and Germany’s DAX 0.2%.

The Swiss franc and British pound were up 0.1% against the US dollar and the euro was mostly flat against the dollar, with 1 euro trading at $1.16.

- Advertisement -

Among commodities, Brent crude rose 1.7% to $83.75 a barrel. Gold fell 0.2% to $1,754.70 per troy ounce.

The yield on the German 10-year bond rose to minus 0.126% and the yield on the UK 10-year gilt rose to 1.203%. Yields move in the opposite direction from prices.

Stocks in Asia were mixed as Hong Kong’s Hang Seng rose 1.9% and Japan’s Nikkei 225 index rose 1.6%, while China’s benchmark Shanghai Composite was flat after adding 0.6% during the session.

—An artificial-intelligence device was used in the making of this article.

.

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox