U.S. Futures Decline, European Stocks Mostly Down

U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.4%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 dropped 0.1% in morning trading. argenx rose 4.6% and MorphoSys added 3.7%. On the other hand, Prosus sunk 14.2%, and adidas lost 6.3%. The FTSE 100 lost 0.2%. Other stocks in Europe were mixed as France's CAC 40 was flat and Germany's DAX fell 0.1%.

The Wall Street Journal Dollar Index climbed 0.1% to 96.32.

In commodities, Brent crude gained 0.9% to $79.84 a barrel, and WTI crude rose 1% to $74.64 a barrel.

The German 10-year Bund yield climbed by 3 basis points to 1.989% from 1.963%, and the yield on the 10-year U.S. Treasury held steady at 3.886%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index gained 0.1%, whereas Hong Kong's Hang Seng declined 1.7%. China's benchmark Shanghai Composite declined 0.1%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

December 22, 2023 03:52 ET (08:52 GMT)

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