Morning Wire — US Stock-Index Futures Higher
US index futures are higher this morning as investors wait to hear the data on US existing home sales in February. A consensus estimate calls for an annualized adjusted figure of 4.6 million, up slightly from 4.57 million in January.…
At about 8:00 a.m. ET, Germany’s DAX is up 0.21% at 7,069.51 and France’s CAC 40 is up 0.12%, at 3,534.96. In London, the FTSE 100 is up 0.11%, at 5,898.07.
In Asia, the Hang Seng index closed down -0.15%, at 20,856.60. The Nikkei closed down -0.55% at 10,086.50 and the Shanghai exchange closed up 0.06%, at 2,378.20.
Dow futures are up 0.23%, at 13,138.00. The Nasdaq is up 0.15%, at 2,739.50 and the S&P is up 0.24%, at 1,403.30.
In the currency markets, the US dollar is weaker against the euro, but stronger versus the Japanese yen and the British pound. The US dollar index is down -0.03% at 79.569.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.49% at $106.59/barrel and Brent is up 0.19% at $124.36/barrel. Gold is up 0.08% this morning, at $1,648.30/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.