US equity futures fell ahead of testimony on Capitol Hill from the Federal Reserve Board of Governors and Treasury leaders on the state of the economic recovery.
S&P 500 futures fell 0.4% and Dow Jones Industrial Average 30 futures fell 0.1%. Changes in stock futures do not necessarily predict movement after the market opens.
In Europe, the stock Europe 600 fell 0.3% in morning trading. The information technology and telecom services sector recorded the highest losses, while consumer-oriented and medical sectors grew.
Sage Group posted a 3.5% decline and Coca-Cola HBC down 2.2% for three consecutive sessions.
The British FTSE 100 was curved following the flat line. France’s CAC 40 fell 0.1%, the UK’s FTSE 250 fell 0.5%, and Germany’s DAX fell 0.3%, so most other European equities fell.
The Swiss franc, euro and pound sterling fell 0.4%, 0.1% and 0.2%, respectively, against the US dollar.
Among commodities, Brent crude rose 1% to $79.51 a barrel. Gold fell 0.7% to $1,740.50 per troy ounce.
Germany’s 10-year government bond yield was up to minus 0.186%, and the 10-year UK government debt, known as the UK bond yield, was up to 0.904%. The 10-year US Treasury yield rose to 1.533% from 1.482%. Bond yields move in the opposite direction of price.
Hong Kong’s Hang Seng index rose 1.8% and China’s benchmark Shanghai Composite Index rose 0.5%, while Japan’s Nikkei 225 index fell 0.2%, with Asian stocks mixed.
— Artificial intelligence tools were used to create this article.
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