U.S. Stock Futures Rise Ahead of Jobless Data
11 March 2021 - 8:14PM
Dow Jones News
U.S. stock futures advanced after the Dow Jones Industrial
Averaged reached a record close and ahead of fresh jobless
figures.
S&P 500 futures gained 0.7% and futures on the Dow rose
0.4%. Changes in futures don't necessarily predict moves after the
markets open.
Europe stocks climbed Thursday for a four-day winning streak.
The Stoxx Europe 600 added 0.3% in morning trade, and is at its
highest level in a year. Communication services and information
technology sectors led gains while financials and healthcare
sectors lost ground.
Banco Bilbao Vizcaya Argentaria jumped 2.3% and Rightmove jumped
2.3%.
HSBC Holdings slipped 3.1% for a three-session losing
streak.
The U.K.'s FTSE 100 added 0.2%. Other stock indexes in Europe
also mostly gained as France's CAC 40 climbed 0.4%, the U.K.'s FTSE
250 rose 0.6% and Germany's DAX edged up 0.1%.
The Swiss franc, the euro and the British pound strengthened
0.4%, 0.1% and 0.1% respectively against the U.S. dollar.
In commodities, Brent crude gained 0.6% to $68.32 a barrel. Gold
was also up 0.8% to $1,735.50 a troy ounce.
German 10-year bund yields fell to minus 0.330% and the yield on
U.K. 10-year gilts was down to 0.693%. 10-year U.S. Treasury yields
declined to 1.497% from 1.520%. Bond prices and yields move in
opposite directions.
In Asia, indexes mostly climbed as Hong Kong's Hang Seng added
1.2%, Japan's Nikkei 225 index climbed 0.6%, and China's benchmark
Shanghai Composite rose 2.4%.
An
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(END) Dow Jones Newswires
March 11, 2021 03:59 ET (08:59 GMT)
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