Stock Futures Inch Higher Ahead of Fed Minutes

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Yield on the 10-year US Treasury rose higher

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In Europe, the Stockx Europe 600 climbed 0.8% in morning trading. The gains were led by the financial and industrial sectors.
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The UK’s FTSE 100 rose 0.5%. Other stock indexes in Europe also rose mostly as France’s CAC 40 rose 0.5%, the UK’s FTSE 250 added 0.7% and Germany’s DAX rose 0.7%.

The Swiss franc, the euro and the British pound fell 0.3%, 0.5% and 0.1%, respectively, against the US dollar.

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Among commodities, international benchmark Brent crude rose 1% to $111.79 a barrel. Gold fell 0.5% to $1,856.60 per troy ounce.

The yield on the German 10-year bond strengthened to 0.969% and the UK 10-year gilt yield rose to 1.903%. The 10-year US Treasury yield rose to 2.764% on Wednesday, up from 2.758% on Tuesday. Bond yields and prices move inversely.

In Asia, Hong Kong’s Hang Seng was up 0.6% and China’s benchmark Shanghai Composite was up 1.2%, while Japan’s Nikkei 225 index was down 0.3%.

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

Credit: www.Businesshala.com /

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