United States
In the United States, futures for the S&P 500 were down by 0.2%, while futures for the Dow Jones Industrial Average declined by 0.1%. It’s important to note that changes in futures do not necessarily predict market movements after the opening bell.
Europe
Market trends in Europe showed a decline in the Stoxx Europe 600 by 0.3% during morning trading. Notable performers included Scatec, which rose by 5.8%, and Coca-Cola HBC, which added 3.9% to its value. On the other hand, Kion Group dropped 5.8%, and Just Eat Takeaway.com slipped 4.8%. The FTSE 100 also experienced a loss of 0.4%. Other stocks in Europe followed suit, with France’s CAC 40 decreasing by 0.1% and Germany’s DAX falling by 0.2%.
Currency Market
The Wall Street Journal Dollar Index showed a slight decline of 0.1%, reaching 97.51.
Commodity Market
In the commodities market, Brent crude saw a gain of 0.6% and reached $77.00 a barrel, while WTI crude climbed 0.7% and reached $72.29 a barrel.
Bonds
The German 10-year Bund yield declined by 1 basis point to 2.618% from 2.628%. Similarly, the yield on the 10-year U.S. Treasury fell by 1.3 basis points to 4.025% from 4.038%. It is important to remember that bond prices and yields move in opposite directions.
Asia
Stocks in Asia experienced a downward trend, with Japan’s Nikkei 225 index declining by 1.2%, Hong Kong’s Hang Seng falling by 0.9%, and China’s benchmark Shanghai Composite losing 0.3%.