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    Stock Futures Waver to Start the Week

    Jan. 10, 2022 3:42 am ET

    U.S. stock futures edged down ahead of a week that will include the first wave of major corporate earnings reports of the year.

    S&P 500 futures and Dow Jones Industrial Average futures were down 0.2%. The contracts don’t necessarily predict movements after the opening bell.

    In Europe, the Stoxx Europe 600 fell 0.5% in morning trade as gains in financials and energy sectors were muted by losses in real estate and information technology sectors.

    The U.K.’s FTSE 100 was down 0.3%. Other stock indexes in Europe were mostly down as France’s CAC 40 dropped 0.6%, Germany’s DAX shed 0.5% and the U.K.’s FTSE 250 slipped 0.3%.

    The Swiss franc and the euro lost 0.2% and 0.1% respectively against the dollar whereas the British pound was flat against the U.S. dollar, with 1 pound buying $1.36.

    In commodities, international benchmark Brent crude was up 0.4% to $82.09 a barrel. Gold was down 0.3% to $1,792.00 a troy ounce.

    German 10-year bund yields strengthened to minus 0.028% and the 10-year U.K. government debt known as gilts yield was up to 1.196%. Bond yields and prices move inversely.

    Stocks in Asia climbed as Hong Kong’s Hang Seng added 1.1% and China’s benchmark Shanghai Composite rose 0.4%.

    Traders worked on the floor of the New York Stock Exchange on Friday.



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    Spencer Platt/Getty Images

    An artificial-intelligence tool was used in creating this article.

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    The post Stock Futures Waver to Start the Week appeared first on Eminetra.

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