Morning Wire — US Stock-Index Futures Higher
US index futures are higher this morning following an agreement on the Greek debt swap and bailout. In Europe, markets are weaker on the news as traders appear to have re-focused attention on fundamental weakness in the Greek economy and…
At about 8:15 a.m. ET, Germany’s DAX is down -0.63% at 6,904.31 and France’s CAC 40 is down -0.57%, at 3,452.70. In London, the FTSE 100 is down -0.34%, at 5,924.83.
In Asia, the Hang Seng index closed up 0.25%, at 21,478.70 and the Nikkei index closed down -0.23%, at 9,463.02. The Shanghai exchange closed up 0.75%, at 2,381.43.
Dow futures are up 0.33%, at 12,972.00. The Nasdaq 100 is up 0.14%, at 2,585.50 and the S&P is up 0.22%, at 1,362.70.
In the currency markets, the US dollar is stronger against the euro, the British pound, and the Japanese yen. The US dollar index is down -0.01% at 79.133.
In commodities, WTI and Brent crude are mixed this morning, with WTI up 1.37% at $104.65/barrel and Brent is down -0.11% at $119.92/barrel. Gold is up 0.83% this morning, at $1,740.30/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.