U.S. Stock Futures Point to Rally Extending
10 Febbraio 2021 - 10:12AM
Dow Jones News
U.S. stock futures advanced on Wednesday, signaling that the
major indexes will resume this month's rally after the opening
bell.
S&P 500 futures edged up 0.3%, while contracts linked to the
tech-heavy Nasdaq-100 gained 0.5%. Both the S&P 500 and the Dow
Jones Industrial Average closed lower on Tuesday after notching
record highs earlier in the week.
10-year U.S. Treasury yields strengthened to 1.161%, from 1.156%
on Tuesday. Bond yields move inversely to prices.
The corporate earnings season remains under way, with companies
including General Motors, Coca-Cola and Uber Technologies scheduled
to post their results on Wednesday.
Overseas, the Stoxx Europe 600 ticked up 0.1%.
Among individual stocks, John Wood Group jumped 2.5%. ACS fell
2.4% for a two-day losing streak and Capita slipped 3%.
The Swiss franc was up 0.1% against the U.S. dollar, with 1
franc buying $1.12. Meanwhile, the euro and the British pound were
flat against the U.S. dollar.
In commodities, international benchmark Brent crude declined
less than 0.1% to $61.08 a barrel. Gold strengthened 0.5% to
$1,845.80 a troy ounce.
German 10-year bund yields were up to minus 0.439% and U.K.
10-year gilts yields strengthened to 0.475%.
Indexes in Asia mostly climbed as Hong Kong's Hang Seng gained
1.9%, Japan's Nikkei 225 index rose 0.2%, and China's benchmark
Shanghai Composite climbed 1.4%.
-- An artificial-intelligence tool was used in creating this
article.
(END) Dow Jones Newswires
February 10, 2021 03:57 ET (08:57 GMT)
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