Stock futures suspended after S&P 500 hits record

Texas News Today

After the S&P 500’s 55th record this year, US equity futures have changed little.

S&P 500 futures fell less than 0.1% and the Dow Jones Industrial Average 30 futures added 0.1%. Changes in stock futures do not necessarily predict movement after the market opens.

In Europe, the Stocks Europe 600 rose 0.2% in morning trading as gains in the health and information technology sectors offset losses in consumer-oriented and energy sectors.

The UK FTSE 100 rose 0.1%. Other European stock indexes were mixed as France’s CAC 40 rose 0.5% and Germany’s DAX 0.2%, while the UK’s FTSE 250 rolled after flat.

The Swiss franc and the euro rose 0.1% and 0.2% respectively against the US dollar, with the pound sterling almost flat against the dollar and the pound buying at $1.38.

Among commodities, Brent crude was down 0.2% at $84.41 a barrel. Gold was up 0.6% at $1,792.90.

The German 10-year bond yield strengthened to minus 0.089% and the UK 10-year bond yield fell to 1.191%. The US Treasury’s 10-year yield rose to 1.684% from 1.674%. Yields are inversely proportional to bond prices.

Hong Kong’s Hang Seng index fell 0.2%, Japan’s Nikkei 225 index fell 0.5%, then rose 0.3%, while China’s benchmark Shanghai Composite Index fell 0.3%, so Asia’s index was mixed.

WeWork CEO Sandeep Mathrani rings the ceremony bell with company chairman Marcelo Claure to celebrate WeWork’s IPO on the New York Stock Exchange floor on Thursday.

Photo:
Brendan McDiarmid / Reuters

— Artificial intelligence tools were used to create this article.

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