Morning Wire — US Stock-Index Futures Higher
US index futures are higher this morning as investors await a report on February’s US durable goods orders. Economists are expecting a gain of 2.9%, following a drop of 3.7% in January. Also this morning the EIA’s report on crude…
At about 8:15 a.m. ET, Germany’s DAX is down -0.16% at 7,067.60 and France’s CAC 40 is flat, at 3,469.43. In London, the FTSE 100 is down -0.06%, at 5,866.25.
In Asia, the Hang Seng index closed down -0.77%, at 20,885.40. The Nikkei closed down -0.71% at 10,182.60 and the Shanghai exchange closed down -2.65%, at 2,284.88.
Dow futures are up 0.20%, at 13,150.00. The Nasdaq is up 0.19%, at 2,781.00 and the S&P is up 0.19%, at 1,409.10.
In the currency markets, the US dollar is weaker against the euro and the Japanese yen, and stronger against the British pound. The US dollar index is up 0.01% at 79.051.
In commodities, WTI and Brent crude are lower this morning, with WTI down -0.95% at $106.31/barrel and Brent is down -1% at $124.28/barrel. Gold is down -0.57% this morning, at $1,678.00/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.