Morning Wire — US Stock-Index Futures Slightly Higher

US index futures are slightly higher this morning, but they have been losing ground steadily. In Europe, yields on Spanish bonds are up again, which combines an ever stronger belief that additional easing is unlikely in the US to weigh…

Published April 10, 2012, 8:21am ET · 1 min read

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US index futures are slightly higher this morning, but they have been losing ground steadily. In Europe, yields on Spanish bonds are up again, which combines an ever stronger belief that additional easing is unlikely in the US to weigh on equity prices. In Asia, weak data on the global economy and a decision by the Bank of Japan not to initiate further easing have depressed markets.

At about 8:15 a.m. ET, Germany’s DAX is down -1.05% at 6,703.81 and France’s CAC 40 is down -1.55% at 3,268.36. In London, the FTSE 100 is down -0.93%, at 5,670.45.

In Asia, the Nikkei closed down -0.09% at 9,538.02. The Hang Seng index closed down -1.15% at 20,356.20 and Shanghai closed up 0.88% at 2,305.86.

Dow futures are up 0.16%, at 12,870.00. The Nasdaq is up 0.34%, at 2,737.75 and the S&P is up 0.15%, at 1,376.90.

In the currency markets, the US dollar is weaker against the euro and and the Japanese yen, but stronger versus the British pound. The US dollar index is up 0.04% at 79.765.

In commodities, WTI and Brent crude are lower this morning, with WTI down -0.54% at $101.91/barrel and Brent is down -0.97% at $121.48/barrel. Gold is up 0.24% this morning, at $1,647.80/ounce.

Paul Ausick

Contact [email protected] for any questions or corrections.

Paul Ausick

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.

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