Stock Futures Fall Ahead of Producer-Price Data

- Advertisement -


Treasury yields and crude-oil prices declined

- Advertisement -

In Europe, the Stoxx Europe 600 was lower 2.1% in morning trade dragged down by declines in consumer staples and energy sectors.

- Advertisement -

BP fell 4% and Anheuser-Busch InBev declined 2.3%.

The UK’s FTSE 100 was down 2%. Other stock indexes in Europe also mostly slipped as France’s CAC 40 shed 2.2%, the UK’s FTSE 250 fell 1.5% and Germany’s DAX lost 2.2%.

- Advertisement -

The Swiss franc, the euro and the British pound dropped 0.3%, 0.6% and 0.5% respectively against the US dollar.

In commodities, Brent crude declined 2.1% to $105.28 a barrel. Gold was also down 0.4% to $1,846.70 a troy ounce.

German 10-year bund yields fell to 0.889% and the yield on 10-year UK government debt known as gilts was down to 1.742%. 10-year US Treasury yields slipped to 2.833% from 2.918%. Yields move inversely to prices.

In Asia, indexes mostly slipped as Hong Kong’s Hang Seng fell 2.2%, Japan’s Nikkei 225 index declined 1.8% and China’s benchmark Shanghai Composite was down 0.1%.

—An artificial-intelligence tool was used in creating this article.

,

Credit: www.Businesshala.com /

- 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