Morning Wire — US Stock-Index Futures Sinking
US index futures are lower this morning as investors wait to hear the data on US housing starts in February. A consensus estimate calls for an annualized adjusted figure of 706,000, up from 699,000 in January. In Europe, markets are…
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At about 8:15 a.m. ET, Germany’s DAX is down -1.40% at 7,054.10 and France’s CAC 40 is down -1.34%, at 3,529.80. In London, the FTSE 100 is down -1.11%, at 5,894.65.
In Asia, the Hang Seng index closed down -1.08%, at 20,888.20 and the Shanghai exchange closed down -1.38%, at 2,376.84.
Dow futures are down -0.49%, at 13,102.00. The Nasdaq is down -0.50%, at 2,714.00 and the S&P is down -0.62%, at 1,395.30.
In the currency markets, the US dollar is stronger against the euro, the Japanese yen, and the British pound. The US dollar index is up 0.47% at 79.843.
In commodities, WTI and Brent crude are lower this morning, with WTI down -0.89% at $107.13/barrel and Brent is down -1.34% at $124.03/barrel. Gold is down -1.37% this morning, at $1,644.40/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.