US Futures, European Stocks Rise After U.S. Tech-Driven Rally

U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.7% in morning trading. Kindred Group SDR rose 17% and S4 Capital rose 8.9%. On the other hand, BELIMO Holding lost 8.7%, and Viaplay Group Series B fell 8.3%. The FTSE 100 added 0.4%. Other stocks in Europe were up as France's CAC 40 gained 1% and Germany's DAX rose 0.8%.

The Wall Street Journal Dollar Index was flat at 97.86.

In commodities, Brent crude dropped 0.8% to $77.96 a barrel, and WTI crude dropped 0.8% to $72.69 a barrel.

The German 10-year Bund yield declined by 4 basis points to 2.308% from 2.348%, and the yield on the 10-year U.S. Treasury was flat at 4.126%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index climbed 1.6%, whereas Hong Kong's Hang Seng declined 2.3%. China's benchmark Shanghai Composite declined 2.7%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

January 22, 2024 03:48 ET (08:48 GMT)

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