Morning Wire — US Stock-Index Futures Higher
US index futures are higher this morning as European and Asian markets are following US markets Fed rally yesterday with one of their own. The news that US interest rates would remain near zero until late 2014 has renewed hopes…
At about 8:30 a.m. ET, Germany’s DAX is up 1.53% at 6,520.14 and France’s CAC 40 is up 1.18%, at 3,351.65. In London, the FTSE 100 is up 1.16%, at 5,789.60.
In Asia, the Hang Seng index closed up 1.63%, at 20,439.10 and the Nikkei index closed down -0.39%, at 8,849.47.
Dow futures are up 0.43%, at 12,743.00. The Nasdaq 100 is up 0.20%, at 2,465.50 and the S&P is up 0.35%, at 1,324.80.
In the currency markets, the US dollar is weaker against the British pound, the euro and the Japanese yen. The US dollar index is down -0.326% at 79.217.
In commodities, WTI and Brent crude are higher this morning, with WTI up 1.41% at $100.80/barrel and Brent is up 1.62% at $111.59/barrel. Gold is up 0.87% this morning, at $1,717.90/ounce.
Paul Ausick
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.