U.S. Futures, European Stocks Rise as Tech-Driven Rally Boosts Sentiment

U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average were flat. Changes in futures don't necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Teleperformance rose 5.2% and Temenos rose 4.6%. On the other hand, Viaplay Group Series B lost 7.9%, and Corbion dropped 6.5%. The FTSE 100 added 0.8%. Other stocks in Europe were up as France's CAC 40 increased 0.6% and Germany's DAX climbed 0.4%.

The Wall Street Journal Dollar Index was flat at 98.02.

In commodities, Brent crude was flat at $79.07 a barrel, and WTI crude fell 0.2% to $73.91 a barrel.

The German 10-year Bund yield was flat at 2.349%, and the yield on the 10-year U.S. Treasury rose by 1 basis point to 4.156% from 4.146%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index climbed 1.4%, whereas Hong Kong's Hang Seng declined 0.5%. China's benchmark Shanghai Composite declined 0.5%.

-This article was automatically generated by MarketWatch.

Write to Barcelona Editors at [e-mail]

(END) Dow Jones Newswires

January 19, 2024 03:48 ET (08:48 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.