Stock Futures Rise Ahead of Busy Earnings Day

May 3, 2022 3:35 a.m. ET

US stock futures rose ahead of another busy day in monthly factory orders and earnings.

S&P 500 futures rose 0.5% on Tuesday and Dow Jones Industrial Average futures gained 0.2%. Contracts do not necessarily predict movements after the market opens.

European stocks fell on Monday after a three-session winning streak. Stoxx Europe 600 fell 1.5% in morning trading. The consumer and energy sectors led to losses while the discretionary consumption sector rose. Other stocks in Europe were also mostly down as France’s CAC 40 lost 1.7 percent and Germany’s DAX 1.1% lower.

The Swiss franc, euro and British pound fell 0.3%, 0.3% and 0.7% respectively against the US dollar.

In commodities, the international benchmark Brent crude oil price was unchanged, at $107.53 per barrel. Gold fell 2.5% to $1,863.20 an ounce.

Yields on 10-year US Treasuries increased from 2.934% to 2.981%. The yield on the German 10-year bond increased from 0.944% to 0.970% and the 10-year British government debt so-called post-yield fell to 0.000% from 1.909%. Bond prices and yields move in opposite directions.

In Asia, Japan’s Nikkei 225 index fell 0.1%.

Traders work on the floor of the New York Stock Exchange.


Photo:

BRENDAN MCDERMID / REUTERS

—An artificial intelligence engine was used to create this article.

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https://www.wsj.com/articles/global-stocks-markets-dow-update-05-03-2022-11651563271?mod=rss_markets_main Stock Futures Rise Ahead of Busy Earnings Day

Edmund DeMarche

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