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.

Brendan McDiarmid / Reuters

— Artificial intelligence tools were used to create this article.

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