Morning Wire — US Stock-Index Futures Flat
US index futures are basically flat this morning as investors wait for the latest report on new home sales in the US. Expectations call for an increase from January’s 321,000 to 330,000. Existing home sales reported earlier this week were…
At about 8:00 a.m. ET, Germany’s DAX is down -0.34% at 6,957.25 and France’s CAC 40 is down -0.63%, at 3,450.71. In London, the FTSE 100 is down -0.25%, at 5,831.29.
In Asia, the Hang Seng index closed down -1.11%, at 20,668.80. The Nikkei closed down -1.14% at 10,011.50 and the Shanghai exchange closed down -1.10%, at 2,349.54.
Dow futures are down -0.17%, at 12,979.00. The Nasdaq is up 0.03%, at 2,732.00 and the S&P is down -0.09%, at 1,387.60.
In the currency markets, the US dollar is weaker against the euro, the British pound, and the Japanese yen. The US dollar index is down -0.27% at 79.523.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.16% at $105.52/barrel and Brent is up 0.46% at $123.71/barrel. Gold is up 0.38% this morning, at $1,648.80/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.