U.S. Futures Mostly Flat, European Stocks Drop

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

In Europe, the Stoxx Europe 600 fell 0.4% in morning trading. Hugo Boss rose 2.4% and Securitas Series B climbed 1.8%. On the other hand, Mercedes-Benz Group dropped 8%, and JDE Peet's sunk 5%. The FTSE 100 lost 0.5%. Other stocks in Europe were down as France's CAC 40 decreased 0.3% and Germany's DAX dropped 0.7%.

The Wall Street Journal Dollar Index was flat at 95.72.

In commodities, Brent crude fell 0.4% to $74.55 a barrel, and WTI crude dropped 0.4% to $70.88 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 3.2% to 34.15 euros a megawatt hour.

The German 10-year Bund yield fell by 2 basis points to 2.187% from 2.202%, and the yield on the 10-year U.S. Treasury held steady at 3.714%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index gained 1.5%, and Hong Kong's Hang Seng gained 1.3%, whereas China's benchmark Shanghai Composite was flat.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

September 20, 2024 03:50 ET (07:50 GMT)

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