Morning Wire — US Stock-Index Futures Higher

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
US index futures are higher this morning as investors wait for the latest reading on the US consumer price index and the consumer confidence index. Core inflation is expected to rise 0.2%, in-line with the producer price index report from earlier this week. Consumer confidence is also expected to rise slightly. In Europe, markets are higher following the generally upbeat news that came out yesterday on the US economy. In Asia, low prices attracted buyers in Shanghai, and in Japan, the falling yen keeps buying interest up as well.

At about 8:00 a.m. ET, Germany’s DAX is up 0.65% at 7,190.93 and France’s CAC 40 is up 0.28%, at 3,590.25. In London, the FTSE 100 is up 0.47%, at 5,968.90.

In Asia, the Hang Seng index closed down -0.17%, at 21,317.80 and the Nikkei index closed up 0.06%, at 10,129.80. The Shanghai exchange closed up 1.30%, at 2,404.74.

Dow futures are up 0.20%, at 13,199.00. The Nasdaq is up 0.25%, at 2,718.50 and the S&P is up 0.22%, at 1,399.10.

In the currency markets, the US dollar is slightly up against the euro and the Japanese yen, and down versus the British pound. The US dollar index is up 0.20% at 80.307.

In commodities, WTI and Brent crude are higher this morning, with WTI up 0.38% at $105.51/barrel and Brent is up 0.51% at $123.23/barrel. Gold is down -0.74% this morning, at $1,647.20/ounce.

Paul Ausick

Contact [email protected] for any questions or corrections.

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

META Vol: 40,760,422
KMX Vol: 2,288,021
WY Vol: 6,523,553
SBAC Vol: 1,443,801
NVDA Vol: 148,249,982

Top Losing Stocks

MRNA Vol: 9,176,778
CTRA Vol: 73,319,495
CRWD Vol: 9,269,567
DDOG Vol: 5,135,556
EPAM Vol: 1,164,561