Morning Wire — US Stock-Index Futures Higher
US index futures are higher this morning following a much-better-than-expected report on German investor confidence. In the US, today’s retail sales report is expected to show a gain of 1.1% in February, and this afternoon’s Federal Reserve announcement is not…
At about 8:15 a.m. ET, Germany’s DAX is up 1.0% at 6,970.62 and France’s CAC 40 is up 1.03%, at 3,526.18. In London, the FTSE 100 is up 0.85%, at 5,942.58.
In Asia, the Hang Seng index closed up 0.97%, at 21,339.70 and the Nikkei index closed up 0.09%, at 9,899.08. The Shanghai exchange closed up 0.86%, at 2,455.79.
Dow futures are up 0.48%, at 12,959.00. The Nasdaq is up 0.51%, at 2,660.50 and the S&P is up 0.51%, at 1,373.80.
In the currency markets, the US dollar is stronger against the euro and the Japanese yen, but weaker versus the British pound. The US dollar index is up 0.29% at 80.119.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.42% at $106.79/barrel and Brent is up 0.49% at $125.95/barrel. Gold is down -0.22% this morning, at $1,696.00/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.