Morning Wire — US Stock-Index Futures Nearly Flat
US index futures are essentially flat this morning following a report that European manufacturing is slowing and that China’s factory output was lower for the fourth consecutive month. Rising crude prices are also weighing on equities. In Europe, the unexpected…
At about 8:15 a.m. ET, Germany’s DAX is down -0.66% at 6,862.36 and France’s CAC 40 is down -0.31%, at 3,454.60. In London, the FTSE 100 is down -0.29%, at 5,911.14.
In Asia, the Hang Seng index closed up 0.33%, at 21,549.30 and the Nikkei index closed up 0.96%, at 9,554.00. The Shanghai exchange closed up 0.93%, at 2,403.59.
Dow futures are down -0.03%, at 12,941.00. The Nasdaq 100 is down -0.02%, at 2,590.50 and the S&P is down -0.08%, at 1,359.00.
In the currency markets, the US dollar is weaker against the euro and stronger against the British pound and the Japanese yen. The US dollar index is up 0.13% at 79.211.
In commodities, WTI and Brent crude are mixed this morning, with WTI down -0.22% at $106.02/barrel and Brent is up 0.17% at $121.87/barrel. Gold is down -0.02% this morning, at $1,758.20/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.