U.S. Stock Futures Waver to Start the Week

U.S. stock futures were mixed to start the week, suggesting technology stocks could gain while the broader market wavers.

Futures on the S&P 500 declined 0.1% and futures tied to the Dow Jones Industrial Average fell 0.3%. Contracts on the Nasdaq-100 rose 0.5%. Changes in futures don't necessarily predict movements after the opening bell.

Europe stocks declined Monday for a two-trading-day losing streak. The Stoxx Europe 600 was down 0.4% in morning trade. The real-estate and information-technology sectors posted the main losses while the healthcare sector rose.

Hammerson fell 6.4%, posted its fourth consecutive session of declines.

The U.K.'s FTSE 100 lost 0.6%. Other stock indexes in Europe also mostly slipped as France's CAC 40 was lower 0.9%, the U.K.'s FTSE 250 shed 0.4% and Germany's DAX fell 0.4%.

The euro was down 0.1% against the U.S. dollar, with 1 euro buying $1.19. Meanwhile, the Swiss franc and the British pound strengthened 0.1% against the dollar.

In commodities, international benchmark Brent crude declined 1% to $63.91 a barrel. Gold was also down 0.7% to $1,730.00 a troy ounce.

The German 10-year bund yield fell to minus 0.318% and 10-year gilts yields were down to 0.818%. The 10-year U.S. Treasury yield was down to 1.677% from 1.729% on Friday. Yields move in the opposite direction from prices.

In Asia, indexes were mixed as China's benchmark Shanghai Composite added 1.1%, whereas Hong Kong's Hang Seng declined 0.2% and Japan's Nikkei 225 index was lower 2.1%.

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(END) Dow Jones Newswires

March 22, 2021 05:05 ET (09:05 GMT)

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