U.S. Stock Futures Tick Up Ahead of Retail Sales Data

Joe Wallace 

U.S. stock futures inched higher on Friday, pointing to potential gains at the end of a volatile week.

S&P 500 futures rose 0.4% and futures on the Dow Jones Industrial Average gained 0.3%. Nasdaq-100 futures added 0.6%. Changes in equity futures don't necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.6% in morning trade. Communication services and information technology sectors led gains while the materials sector lost ground.

The Sage Group added 2.2% and Fresnillo PLC jumped 2%.

The U.K.'s FTSE 100 rose 0.6%. Other stock indexes in Europe also mostly climbed as France's CAC 40 added 0.6%, the U.K.'s FTSE 250 climbed 0.6% and Germany's DAX gained 0.7%.

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

In commodities, international benchmark Brent crude declined 0.1% to $66.95 a barrel. Gold was up 0.6% to $1,834.80 a troy ounce.

The German 10-year bund yield gained to minus 0.112% and the 10-year gilts yield fell to 0.897%. The 10-year U.S. Treasury yield was down to 1.658% from 1.666%. Yields move inversely to prices.

In Asia, indexes mostly climbed as Hong Kong's Hang Seng added 0.9%, Japan's Nikkei 225 index rose 2.3% and China's benchmark Shanghai Composite gained 1.8%.

-- An artificial-intelligence tool was used in creating this article.

(END) Dow Jones Newswires

May 14, 2021 04:05 ET (08:05 GMT)

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