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Morning Wire — US Stock-Index Futures Marginally Lower

US index futures are very slightly lower this morning as markets await the US report on non-farm payrolls. The consensus estimate is that 210,000 jobs were added in February. In Europe, the Greek debt swap was agreed to by about…

By Paul Ausick
Published March 9, 2012, 8:15am ET · 1 min read

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US index futures are very slightly lower this morning as markets await the US report on non-farm payrolls. The consensus estimate is that 210,000 jobs were added in February. In Europe, the Greek debt swap was agreed to by about 80% of the country’s creditors and that has lifted shares slightly in France and Germany. In Asia, markets are higher on lower-than-expected Chinese inflation and a falling Japanese yen.

At about 8:00 a.m. ET, Germany’s DAX is up 0.29% at 6,854.48 and France’s CAC 40 is up 0.10%, at 3,481.72. In London, the FTSE 100 is down -0.09%, at 5,854.61.

In Asia, the Hang Seng index closed up 0.89%, at 21,086.00 and the Nikkei index closed up 1.65%, at 9,929.74. The Shanghai exchange closed up 0.79%, at 2,439.46.

Dow futures are flat, at 12,844.00. The Nasdaq is down -0.01%, at 2,632.75 and the S&P is down -0.04%, at 1,360.10.

In the currency markets, the US dollar is stronger against the euro, the British pound, and the Japanese yen. The US dollar index is up 0.46% at 79.507.

In commodities, WTI and Brent crude are mixed this morning, with WTI up 0.29% at $106.894/barrel and Brent is down -0.23% at $125.15/barrel. Gold is up 0.16% this morning, at $1,701.50/ounce.

Paul Ausick

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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.

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