Morning Wire — US Stock-Index Futures Down Sharply
US index futures are down sharply this morning as investors express concern over last week’s lower-than-expected US job gains. Asian markets especially are worried that projected growth of US GDP is in danger. Also in Asia, China reported a higher-than-expected…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
At about 8:45 a.m. ET, Germany’s DAX is down -0.13% at 6,775.26 and France’s CAC 40 is up 0.19% at 3,319.81. In London, the FTSE 100 is up 0.35%, at 5,723.67.
In Asia, the Nikkei closed down -1.47% at 9,546.26. The Hang Seng index closed down -0.95 at 20,593.00 and Shanghai closed down -0.90% at 2,285.78.
Dow futures are down -0.93%, at 12,857.00. The Nasdaq is down -1.03%, at 2,725.50 and the S&P is down -1.08%, at 1,375.20.
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 0.06% at 79.932.
In commodities, WTI and Brent crude are lower this morning, with WTI down -1.5% at $101.76/barrel and Brent is down -1.25% at $121.89/barrel. Gold is up 1.03% this morning, at $1,646.90/ounce.
Paul Ausick
Contact [email protected] for any questions or corrections.
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.