Morning Wire — US Stock-Index Futures Higher

Photo of Paul Ausick
By Paul Ausick Published

Invalid Image
US index futures are higher this morning following the lead of both European and Asian marketsd which also moved higher today. In Europe, energy and financial stocks are leading the morning’s uptick, as crude prices continue to rise and banks look forward to next week’s blast of cash from the ECB (more coverage here). In Asia, markets responded to yesterday’s good report on German business confidence and rising energy and raw materials costs.

At about 8:15 a.m. ET, Germany’s DAX is up 0.80% at 6,863.92 and France’s CAC 40 is up 0.53%, at 3,465.71. In London, the FTSE 100 is up 0.14%, at 5,946.22.

In Asia, the Hang Seng index closed up 0.12%, at 21,406.90 and the Nikkei index closed up 0.54%, at 9,647.38. The Shanghai exchange closed up 1.25%, at 2,439.63.

Dow futures are up 0.12%, at 12,990.00. The Nasdaq 100 is up 0.09%, at 2,603.00 and the S&P is up 0.17%, at 1,365.20.

In the currency markets, the US dollar is weaker against the euro and the British pound, but stronger versus the Japanese yen. The US dollar index is down -0.19% at 78.485.

In commodities, WTI and Brent crude are higher this morning, with WTI up 0.45% at $108.32/barrel and Brent is up 0.13% at $123.78/barrel. Gold is down -0.43% this morning, at $1,778.70/ounce.

Paul Ausick

Photo of Paul Ausick
About the Author Paul Ausick →

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

SMCI Vol: 83,951,435
ON Vol: 5,844,010
ABBV Vol: 4,648,046
SWKS Vol: 2,906,448
GLW Vol: 9,068,162

Top Losing Stocks

CTRA Vol: 73,319,495
VRSN Vol: 733,407
GEN Vol: 3,048,459
MRNA Vol: 5,538,575
LULU Vol: 2,909,831