Morning Wire — US Stock-Index Futures Down
US index futures are down this morning on a pile of discouraging news from Europe and Asia. This week’s report on new US unemployment benefits claims might pick up the mood if the numbers are really good, but that’s not…
At about 8:00 a.m. ET, Germany’s DAX is down -1.4% at 6,971.99 and France’s CAC 40 is down -1.60%, at 3,470.97. In London, the FTSE 100 is down -0.93%, at 5,837.33.
In Asia, the Hang Seng index closed up 0.22%, at 20,901.60. The Nikkei closed up 0.40% at 10,127.10 and the Shanghai exchange closed down -0.10%, at 2,375.77.
Dow futures are down -0.54%, at 12,995.00. The Nasdaq is down -0.55%, at 2,725.50 and the S&P is down -0.66%, at 1,388.30.
In the currency markets, the US dollar is stronger against the euro and the British pound, but weaker versus the Japanese yen. The US dollar index is up 0.19% at 79.807.
In commodities, WTI and Brent crude are lower this morning, with WTI down -1.17% at $106.02/barrel and Brent is down -0.60% at $123.45/barrel. Gold is down -0.97% this morning, at $1,634.30/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.