U.S. Stock Futures Tick Lower

U.S. stock futures slipped and global indexes wavered a day after Wall Street logged its best day since June.

S&P 500 futures were down 0.4% and Dow Jones Industrial Average futures fell 0.3%. The contracts don't necessarily predict moves after the opening bell.

Europe stocks climbed Tuesday for a two-day winning streak. The Stoxx Europe 600 added 0.1% in morning trade as gains in communication services and information technology sectors were muted by losses in materials and consumer discretionary sectors.

Taylor Wimpey jumped 3.4% for a two-session run of gains.

The U.K.'s FTSE 100 gained 0.1%. Other stock indexes in Europe also mostly climbed as France's CAC 40 edged up 0.1%, the U.K.'s FTSE 250 gained 0.3% and Germany's DAX added 0.1%.

The Swiss franc, the euro and the British pound depreciated 0.3% against the U.S. dollar.

In commodities, Brent crude was down 1.2% to $62.94 a barrel. Gold also slipped 0.5% to $1,715 a troy ounce.

German 10-year bund yields rose to minus 0.325% and 10-year gilts yields were up to 0.762%. 10-year U.S. Treasury yields slipped to 1.420% from 1.444% on Monday. Bond yields move inversely to prices.

Indexes in Asia mostly fell as Hong Kong's Hang Seng was lower 1.1% after trading higher 1% during the session, Japan's Nikkei 225 index shed 0.9% after gaining 0.6% earlier, and China's benchmark Shanghai Composite lost 1.2%.

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(END) Dow Jones Newswires

March 02, 2021 04:05 ET (09:05 GMT)

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