Morning Wire — US Stock-Index Futures Lower Again
US index futures are down again this morning as investors continue to react negatively to rising yields on Spanish and Italian bonds. The US Labor Department will report on new claims for unemployment benefits later this morning. A MarketWatch estimate…
At about 8:15 a.m. ET, Germany’s DAX is down -0.90% at 6,722.88 and France’s CAC 40 is down -0.51% at 3,296.50. In London, the FTSE 100 is down -0.40%, at 5,681.24.
In Asia, the Nikkei closed down -0.53% at 9,767.61. The Hang Seng closed down -0.95% at 20,593.00 and the Shanghai index closed up 1.74% at 2,302.24, in its first day of trading this week.
Dow futures are down -0.29%, at 12,967.00. The Nasdaq is down -0.13%, at 2,733.00 and the S&P is down -0.32%, at 1,388.70.
In the currency markets, the US dollar is stronger against the euro and the British pound, and weaker versus the Japanese yen. The US dollar index is up 0.25% at 79.974.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.40% at $101.88/barrel and Brent is up 0.23% at $122.62/barrel. Gold is up 0.75% this morning, at $1,626.20/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.