Stock futures pause after S&P 500 hits record
The yield on 10-year U.S. Treasurys inched higher
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U.S. stock futures were little changed after the S&P 500 reached its 55th record close of the year.
S&P 500 futures slipped less than 0.1% and futures on the Dow Jones Industrial Average added 0.1%. Changes in equity futures don’t necessarily predict market moves after the markets open.
In Europe, the Stoxx Europe 600 added 0.2% in morning trade as gains in healthcare and information technology sectors were balanced by losses in consumer staples and energy sectors.
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Fred DeMarco, right, works with fellow traders on the floor of the New York Stock Exchange, Friday, Feb. 2, 2018. Technology companies were leading stocks broadly lower in early trading, extending the market's slide into a second day. (AP Photo/Richa … (AP Photo/Richard Drew)
The U.K.’s FTSE 100 rose 0.1%. Other stock indexes in Europe were mixed as France’s CAC 40 climbed 0.5% and Germany’s DAX gained 0.2%, whereas the U.K.’s FTSE 250 meandered after the flat line.
The Swiss franc and the euro were up 0.1% and 0.2% respectively against the U.S. dollar and the British pound was mostly flat against the dollar, with 1 pound buying $1.38.
In commodities, Brent crude was down 0.2% to $84.41 a barrel. Gold was up 0.6% to $1,792.90 a troy ounce.
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German 10-year bund yields strengthened to minus 0.089% and the U.K. 10-year gilts yield declined to 1.191%. 10-year U.S. Treasury yields edged up to 1.684% from 1.674%. Yields move inversely to bond prices.
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Indexes in Asia were mixed as Hong Kong’s Hang Seng rose 0.2% and Japan’s Nikkei 225 index gained 0.3% after falling as much as 0.5% during the session, whereas China’s benchmark Shanghai Composite lost 0.3%
—An artificial-intelligence tool was used in creating this article.