Morning Wire — US Stock-Index Futures Up Sharply
US index futures are sharply higher this morning, reacting to the Greek parliament’s approval of the new austerity measures that will likely release the $172 billion the country needs to pay its bills and keep functioning. European and Asian markets…
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At about 8:15 a.m. ET, Germany’s DAX is up 0.82% at 6,747.54 and France’s CAC 40 is up 0.66%, at 3,395.42. In London, the FTSE 100 is up 1.05%, at 5,913.77.
In Asia, the Hang Seng index closed up 0.50%, at 20,887.40 and the Nikkei index closed up 0.58%, at 8,999.18. The Shanghai exchange closed down -0.01%, at 2,351.85.
Dow futures are up 0.69%, at 12,855.00. The Nasdaq 100 is up 0.74%, at 2,567.25 and the S&P is up 0.75%, at 1,350.80.
In the currency markets, the US dollar is weaker against the British pound and the euro, and stronger versus the Japanese yen. The US dollar index is down -0.33% at 78.741.
In commodities, WTI and Brent crude are higher this morning, with WTI up 1.17% at $99.82/barrel and Brent is up 0.97% at $118.45/barrel. Gold is up 0.50% this morning, at $1,733.90/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.