In the United States, futures for the S&P 500 and Dow Jones Industrial Average showed a 0.2% increase. However, it's important to note that changes in futures may not always indicate actual market movements once trading begins.
Moving over to Europe, the Stoxx Europe 600 experienced a 0.4% drop during morning trading. Notably, UBS Group saw a 4.9% increase in their stock value, while Bechtle rose by 3.2%. On the other hand, Holmen Series B slipped by 3.7% and MorphoSys sank by 3.5%. As for the FTSE 100, the index lost 0.5%. The overall trend in other European stocks was negative, with France's CAC 40 declining by 0.5% and Germany's DAX falling by 0.3%.
Meanwhile, the Wall Street Journal Dollar Index decreased by 0.1%, landing at 97.39.
In the commodities market, Brent crude declined by 0.2% to $86.24 per barrel, while WTI crude also dropped by 0.2% to $82.66 per barrel.
Looking at bond yields, the German 10-year Bund yield rose by 5 basis points to 2.579% from the previous level of 2.528%. Conversely, the yield on the 10-year U.S. Treasury dipped by 1 basis point to 4.104% compared to 4.11% previously. It's worth noting that bond prices and yields move inversely.
Across various Asian markets, stocks experienced a downturn. Japanese markets were closed, while Hong Kong's Hang Seng declined by 0.7%. China's benchmark Shanghai Composite saw a significant decrease of 2%.
Popular
All Rights Reserved © 2024
Write Your Comment