U.S. stock futures rose as investors awaited another busy day for earnings and the outcome of this week’s Federal Reserve meeting.
S&P 500 futures gained 0.5% Tuesday and Dow Jones Industrial Average futures were up 0.2%. The contracts do not necessarily predict movements after the markets open.
Europe stocks declined Monday after a three-session winning streak. The Stoxx Europe 600 shed 1.5% in morning trade. Consumer staples and energy sectors drove the losses while consumer discretionary sector rose. Other stock in Europe also mostly slipped as France’s CAC 40 lost 1.7% and Germany’s DAX was lower 1.1%.
The Swiss franc, the euro and the British pound fell 0.3%, 0.3% and 0.7% respectively against the U.S. dollar.
In commodities, international benchmark Brent crude was flat, at $107.53 a barrel. Gold was down 2.5% to $1,863.20 a troy ounce.
The yield on the benchmark 10-year Treasury note, which rises when bond prices fall, rose to 2.981% from 2.934% Tuesday. On Monday, it reached as high as 3.008% in the afternoon, as traders braced for the outcome of this week’s Federal Reserve meeting. The Fed’s latest policy-meeting minutes suggest it could raise rates by a half-percentage point Wednesday.
The yield on German 10-year bunds strengthened to 0.970% Tuesday from 0.944%.
In Asia, Japan’s Nikkei 225 index declined 0.1%.
—An artificial-intelligence tool was used in creating this article.
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