U.S. Stock Futures Tick Higher Ahead of Another Volley of Earnings Reports

U.S. stock futures ticked higher after the first banks to report quarterly results posted strong profits and ahead of another flurry of earnings updates and economic data.

S&P 500 futures rose 0.4% and futures on the Dow Jones Industrial Average strengthened 0.3%. Changes in equity futures don't necessarily predict movements after the opening bell.

Europe stocks climbed Thursday for a three-day run of gains. The Stoxx Europe 600 added 0.3% in morning trade, and it is at its highest level in a year. Consumer-staples and information-technology sectors led gains while healthcare and real-estate sectors lost ground.

Anheuser-Busch InBev jumped 2.2% for a two-session winning streak.

The U.K.'s FTSE 100 gained 0.4%. Other stock indexes in Europe also mostly climbed as France's CAC 40 rose 0.2%, the U.K.'s FTSE 250 added 0.3% and Germany's DAX rose 0.2%.

The euro and the British pound were up 0.1% against the U.S. dollar and the Swiss franc was mostly flat against the dollar, with 1 franc buying $1.08.

In commodities, Brent crude was flat, at $66.56 a barrel. Gold was up 0.6% to $1,747.00 a troy ounce.

German 10-year bund yields declined to minus 0.262% and the U.K. 10-year gilts yield was down to 0.804%. 10-year U.S. Treasury yields declined to 1.623% from 1.637%. Yields move inversely to bond prices.

Indexes in Asia were mixed as Japan's Nikkei 225 index notched a small gain, rising 0.1% after climbing up to 0.5% during the session, whereas Hong Kong's Hang Seng lost 0.8% and China's benchmark Shanghai Composite was lower 0.5%.

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(END) Dow Jones Newswires

April 15, 2021 04:00 ET (08:00 GMT)

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