US Futures and European Stocks Slip, With Focus on Central Banks This Week

In the U.S., futures for the S&P 500 were down 0.7% and futures for the Dow Jones Industrial Average declined 0.6%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 dropped 0.5% in morning trading. Royal Philips added 6.3% and Telecom Italia climbed 3.1%. On the other hand, Auto1 Group slipped 8.7%, and Sinch lost 7.6%. The FTSE 100 lost 0.3%. Other stocks in Europe were down as France's CAC 40 decreased 0.5% and Germany's DAX fell 0.5%.

The Wall Street Journal Dollar Index was flat at $94.97.

In commodities, Brent crude fell 0.6% to $85.84 a barrel, and WTI crude fell 0.7% to $79.09 a barrel.

The German 10-year bund yield climbed 2.0% to 2.289% from 2.244% and the yield on 10-year U.S. Treasury rose 0.4% to 3.526% from 3.512%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index gained 0.2%, whereas Hong Kong's Hang Seng was down 2.7%. China's benchmark Shanghai Composite grew 0.1%.

-This article was automatically generated by MarketWatch using technology from Automated Insights.

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(END) Dow Jones Newswires

January 30, 2023 03:49 ET (08:49 GMT)

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