Stock futures are ticking higher after the S&P 500 broke a record
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US stock futures rose to start the week after the S&P 500 hit a record high on inflation figures, which were the highest in decades.
S&P 500 futures rose 0.2% and futures linked to the Dow Jones Industrial Average rose 0.2%. The contracts do not necessarily provide for withdrawals after opening hours.
In Europe, Stoxx Europe 600 rose 0.2% in morning trading as gains in the energy and financial sectors were dampened by losses in the utilities and consumption sectors.
FED DECISION, INFLATION DATA, FEDEX AND RIVIAN RESULTS TOPSUKEN FORWARD
Traders Gordon Charlop, left, and John Panin work on the floor of the New York Stock Exchange, Tuesday, February 6, 2018. (AP)
Ackermans & Van Haaren NV jumped 3.9% for a three-session rise, and Jupiter Fund Management PLC rose 3.7%.
The UK’s FTSE 100 was largely flat. Other stock indices in Europe were mixed as France’s CAC 40 and the UK’s FTSE 250 were largely flat and the German DAX rose 0.2%.
The Swiss franc, the euro and the British pound fell 0.2%, 0.1% and 0.1% against the US dollar, respectively.
In commodities, Brent oil rose 0.9% to $ 75.81 a barrel. Gold also rose 0.1% to $ 1,787.20 a troy ounce.
OIL INCREASES OPTIMISM OMICRON IMPACT WILL BE LIMITED ON FUEL DEMAND
German 10-year bundle yields increased to minus 0.340% and British 10-year sow yields fell to 0.742%. The 10-year US government yield was up to 1.492% from 1.487% on Friday. Interest rates move in reverse to bond prices.
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Indexes in Asia rose mostly as Hong Kong’s Hang Seng was flat after adding 1.6% previously, Japan’s Nikkei 225 index rose 0.7% and China’s benchmark Shanghai Composite rose 0.4%.
