US Futures Up, European Stocks Mixed Ahead of Company Earnings and Economic Data

U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.8% in morning trading. Siemens Energy rose 10.8% and SAP added 7.6%. On the other hand, Alstom lost 6.1%, and Gjensidige Forsikring slipped 4.7%. The FTSE 100 added 0.5%. Other stocks in Europe were up as France's CAC 40 gained 0.3% and Germany's DAX rose 1.1%.

The Wall Street Journal Dollar Index dropped 0.2% to 97.85.

In commodities, Brent crude gained 0.5% to $79.95 a barrel, and WTI crude rose 0.5% to $74.77 a barrel.

The German 10-year Bund yield declined by 4 basis points to 2.311% from 2.355%, and the yield on the 10-year U.S. Treasury fell by 4 basis points to 4.099% from 4.138%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index dropped 0.8%, whereas Hong Kong's Hang Seng gained 3.6%. China's benchmark Shanghai Composite gained 1.8%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

January 24, 2024 03:47 ET (08:47 GMT)

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