U.S. Stock Futures Tick Higher as Treasury Yields Edge Down

U.S. stock futures ticked higher and government bond yields edged down as technology shares looked set to partially recover from Thursday's rout.

S&P 500 futures rose 0.3% and Dow Jones Industrial Average futures gained 0.1%. Tech-heavy Nasdaq-100 futures added 0.8%. Changes in futures don't necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 shed 0.7% in morning trade. Consumer staples and information technology sectors posted the main losses while utilities sector rose.

Micro Focus International declined 3%.

The U.K.'s FTSE 100 index fell 1.2%. Other stock indexes in Europe also mostly slipped as France's CAC 40 was down 0.7%, the U.K.'s FTSE 250 lost 0.9% and Germany's DAX was down 0.5%.

The Swiss franc, the euro and the British pound strengthened 0.1%, 0.1% and 0.2% respectively against the U.S. dollar.

In commodities, Brent crude fell 0.2% to $63.13 a barrel. Gold was up 0.4% to $1,739.70 a troy ounce.

The yield on 10-year U.S. Treasurys fell to 1.679% from 1.730% on Thursday. German 10-year bund yields slipped to minus 0.300% and 10-year gilts yields were down to 0.821%. Yields move in the opposite direction from prices.

Stocks in Asia mostly fell as Hong Kong's Hang Seng was down 1.8%, Japan's Nikkei 225 index was lower 1.4%, and China's benchmark Shanghai Composite declined 1.7%.

An

artificial-intelligence tool

was used in creating this article.

(END) Dow Jones Newswires

March 19, 2021 05:03 ET (09:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.