Morning Wire — US Stock-Index Futures Up Sharply

At about 7:45 a.m. ET, Germany’s DAX is up 0.96% at 6,134.03 and France’s CAC 40 is down -0.48%, at 3,206.75. In London, the FTSE 100 is up 1.18%, at 5,638.16.

In Asia, Hong Kong’s Hang Seng closed up 2.4%, at 18,877.40. Last Friday, the Nikkei index closed up 0.67%, at 8,455.35, and the Shanghai index closed up 1.19%, at 2,199.42. Japanese and Shanghai markets are closed until tomorrow.

Dow futures are up 1.68%, at 12,354.00. The Nasdaq 100 is up 1.88%, at 2,317.25 and the S&P is up 1.67%, at 1,273.50.

In the currency markets, the US dollar is slightly weaker against the euro, the British pound, and the Japanese yen. The US dollar index is down about -0.63% at 79.774.

In commodities, both WTI and Brent crude are sharply higher this morning, with WTI at $101.31/barrel and Brent at $109.85/barrel. Gold is also sharply higher this morning, up 1.74% at $1,594.10/ounce.