Stock futures rise slightly ahead of tech earnings
Commonwealth Financial Network IT Director Brad McMillan predicts that after the earnings season, “we’re going to start to see some volatility as we realize it’s not going to be as good going forward as it is. has been”.
U.S. equity futures edged higher ahead of another wave of earnings reports from large tech companies.
S&P 500 futures were up 0.2% and Dow Jones Industrial Average futures were up 0.1%. Changes in equity futures do not necessarily predict movements after the markets open.
European stocks climbed Tuesday for a three-game winning streak. The Stoxx Europe 600 added 0.2% in morning trading. The consumer staples and healthcare sectors led the gains while the energy and real estate sectors lost ground.
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Specialist Anthony Rinaldi, left, and trader Timothy Nick work on the floor of the New York Stock Exchange on Wednesday, October 30, 2019 (AP Photo / Richard Drew)
Britain’s FTSE 100 gained 0.2%. Other stock indexes in Europe also mainly climbed, with the French CAC 40 rising 0.1%, the UK FTSE 250 up 0.1% and the German DAX up 0.4%.
The Swiss franc and the euro lost 0.1% against the US dollar while the British pound was stable against the US dollar with 1 pound buying $ 1.38.
In commodities, Brent crude fell 0.1% to $ 85.10 a barrel. Gold also fell 0.1% to $ 1,804.30 per troy ounce.
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Yields on 10-year German Bunds gained minus 0.107% and yields on 10-year UK gilts strengthened to 1.147%. The 10-year US Treasury yield fell from 1.634% to 1.641%. Bond yields move in the opposite direction to prices.
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In Asia, indices were mixed, with the Japanese Nikkei 225 index rising 1.8%, while the Hong Kong Hang Seng was down 0.8% and China’s Shanghai Composite was down 0. 3%.
–An artificial intelligence tool was used to create this article.