U.S. stock futures ticked lower ahead of a flurry of earnings reports and economic indicators including jobless claims and home sales.

Futures on the S&P 500 fell 0.3% and futures on the Dow Jones Industrial Average were down 0.2%. Changes in futures don’t necessarily predict moves after the opening bell.

Europe stocks declined Thursday. The Stoxx Europe 600 was lower 0.5% in morning trade. Consumer staples and energy sectors posted the main losses while the healthcare sector rose.

WHAT LIES BENEATH? HIDDEN DEBT FEARS FEED CHINA'S PROPERTY WOES

Trader David O’Day works on the floor of the New York Stock Exchange, Friday, Feb. 28, 2020. (AP Photo/Richard Drew) (AP)

The U.K.’s FTSE 100 was down 0.5%. Other stock indexes in Europe also mostly slipped as France’s CAC 40 shed 0.6%, the U.K.’s FTSE 250 lost 0.4% and Germany’s DAX fell 0.5%.

The Swiss franc, the euro and the British pound lost 0.1%, 0.2%, and 0.2% respectively against the U.S. dollar.

In commodities, international benchmark Brent crude declined 0.6% to $85.28 a barrel. Gold also slipped 0.2% to $1,781.80 a troy ounce.

HOLIDAY SHIPPING SEASON LIKELY IMPACTED BY SHIPPING BACKLOG

The yield on German 10-year bunds gained to minus 0.116% and 10-year U.K. government debt known as gilts yields were up to 1.165%. 10-year U.S. Treasury yields rose to 1.659% from 1.635%. Bond yields move in the opposite directions to prices.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Stocks in Asia were mixed as China’s benchmark Shanghai Composite climbed 0.2%, whereas Hong Kong’s Hang Seng fell 0.8% and Japan’s Nikkei 225 index was lower 1.9%.

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

Source Link:
https://www.foxbusiness.com/markets/us-stock-futures-slip-ahead-earnings-data

[-0.950183,"negative"]

Comments

comments

Advertisement