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U.S. Futures, European Stocks Climb

U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average rose 0.1%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Banco Comercial Portugues rose 3.4%. On the other hand, Zealand Pharma lost 3%. The FTSE 100 added 0.2%. Other stocks in Europe were up as France's CAC 40 increased 0.2% and Germany's DAX climbed 0.2%.

The Wall Street Journal Dollar Index was flat at 99.17.

In commodities, Brent crude gained 0.3% to $84.19 a barrel, and WTI crude was flat at $80.09 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 2% to EUR31.39 a megawatt hour.

The German 10-year Bund yield rose by 1 basis point to 2.525% from 2.519%, and the yield on the 10-year U.S. Treasury was flat at 4.421%. Bond prices and yields move in opposite directions.

Stocks in Asia were up as Japan's Nikkei 225 index gained 0.7%, and Hong Kong's Hang Seng gained 0.3%. China's benchmark Shanghai Composite climbed 0.5%.

 

-This article was automatically generated by MarketWatch.

 

Write to Barcelona Editors at barcelonaeditors@dowjones.com

 

Corrections & Amplifications

This item was corrected at 1:41 p.m. ET. The original version misstated that Richemont climbed 5.3% and that Vestas Wind Systems sunk 3.8%. Those figures are from Friday and have been removed.

(END) Dow Jones Newswires

May 20, 2024 03:53 ET (07:53 GMT)

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