US Futures, European Stocks Rise Ahead of Jobs Data

In the U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average increased 0.4% Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.4% in morning trading. Dechra Pharmaceuticals added 8.2% and Samhallsbyggnadsbolaget rose 5.5%. On the other hand, Uniper slipped 8.6%, and Novo Nordisk Series B sunk 2.3%. The FTSE 100 added 0.4%. Other stocks in Europe were up as France's CAC 40 gained 0.6% and Germany's DAX rose 0.5%.

The Wall Street Journal Dollar Index dropped 0.2% to 97.29.

In commodities, Brent crude rose 1.1% to $75.12 a barrel, and WTI crude rose 1.1% to $70.88 a barrel.

The German 10-year Bund yield climbed by 1.8 basis points to 2.267% from 2.249%, and the yield on the 10-year U.S. Treasury rose by 1.3 basis points to 3.613% from 3.6% Bond prices and yields move in opposite directions.

Stocks in Asia were up as Japan's Nikkei 225 index gained 1.2%, and Hong Kong's Hang Seng climbed 4.2%. China's benchmark Shanghai Composite gained 0.8%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

June 02, 2023 03:48 ET (07:48 GMT)

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