Morning Wire — US Stock-Index Futures Rise on Chinese Statement
US index futures are getting a boost this morning following some encouraging words from China’s central bank. The governor of the People’s Bank of China assured investors that the country will continue to European sovereign debt and will take part…
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At about 8:15 a.m. ET, Germany’s DAX is up 1.22% at 6,810.33 and France’s CAC 40 is up 1.07%, at 3,411.60. In London, the FTSE 100 is up 0.22%, at 5,912.75.
In Asia, the Hang Seng index closed up 2.14%, at 21,365.20 and the Nikkei index closed up 2.30%, at 9,260.34. The Shanghai exchange closed up 0.94%, at 2,366.70.
Dow futures are up 0.55%, at 12,910.00. The Nasdaq 100 is up 0.59%, at 2,591.25 and the S&P is up 0.59%, at 1,355.60.
In the currency markets, the US dollar is stronger against the euro and the Japanese yen, but weaker against the British pound. The US dollar index is up 0.04% at 79.419.
In commodities, WTI and Brent crude are higher this morning, with WTI up 1.15% at $101.90/barrel and Brent is up 1.48% at $119.09/barrel. Gold is up 0.72% this morning, at $1,730.00/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.