U.S. Stock Futures Rise Ahead of Jobless Data

U.S. stock futures advanced after the Dow Jones Industrial Averaged reached a record close and ahead of fresh jobless figures.

S&P 500 futures gained 0.7% and futures on the Dow rose 0.4%. Changes in futures don't necessarily predict moves after the markets open.

Europe stocks climbed Thursday for a four-day winning streak. The Stoxx Europe 600 added 0.3% in morning trade, and is at its highest level in a year. Communication services and information technology sectors led gains while financials and healthcare sectors lost ground.

Banco Bilbao Vizcaya Argentaria jumped 2.3% and Rightmove jumped 2.3%.

HSBC Holdings slipped 3.1% for a three-session losing streak.

The U.K.'s FTSE 100 added 0.2%. Other stock indexes in Europe also mostly gained as France's CAC 40 climbed 0.4%, the U.K.'s FTSE 250 rose 0.6% and Germany's DAX edged up 0.1%.

The Swiss franc, the euro and the British pound strengthened 0.4%, 0.1% and 0.1% respectively against the U.S. dollar.

In commodities, Brent crude gained 0.6% to $68.32 a barrel. Gold was also up 0.8% to $1,735.50 a troy ounce.

German 10-year bund yields fell to minus 0.330% and the yield on U.K. 10-year gilts was down to 0.693%. 10-year U.S. Treasury yields declined to 1.497% from 1.520%. Bond prices and yields move in opposite directions.

In Asia, indexes mostly climbed as Hong Kong's Hang Seng added 1.2%, Japan's Nikkei 225 index climbed 0.6%, and China's benchmark Shanghai Composite rose 2.4%.

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(END) Dow Jones Newswires

March 11, 2021 03:59 ET (08:59 GMT)

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