Stock Futures Waver Ahead of Consumer Data

May 27, 2022 3:36 a.m. ET

U.S. stock futures were mostly unchanged ahead of data on spending and consumer sentiment during a period of rising prices.

Futures on the S&P 500 fell 0.1% and the Dow Jones Industrial Average fell 0.1%. Changes in equity futures are not necessarily predictive of movements after the market opens.

European stocks rallied on Friday for a three-session winning streak. Stoxx Europe 600 was up 0.5% in morning trading. The materials and industrial sectors led the gain while the financial and energy sectors lost ground.

Glencore was up 2.5% and Johnson Matthey PLC was up 2.3%.

The UK’s FTSE 100 meanders after the flat line. Other stock indexes in Europe were mostly higher, with France’s CAC 40 up 0.6 percent, Britain’s FTSE 250 up 0.1 percent and Germany’s DAX up 0.4 percent.

The Swiss franc fell 0.1% against the US dollar, with 1 franc buying $1.04. The euro strengthened 0.1% against the dollar, with 1 euro buying 1.07 dollars. The British pound was largely unchanged against the US dollar, with 1 pound buying $1.26.

In commodities, international benchmark Brent crude fell 0.3% to $113.87 a barrel. Gold rose 0.3% to $1,853.80 an ounce.

The German 10-year bundle yield fell to 0.983% and the UK government’s 10-year debt so-called gilt yield fell to 1.962%. The yield on the 10-year US Treasury note was unchanged at 2.756%. Bond prices and yields move in opposite directions.

In Asia, indexes were mostly higher with Hong Kong’s Hang Seng up 2.3%, Japan’s Nikkei 225 up 0.7% and China’s Shanghai Composite up 0.2%.

Wall Street stock indexes rallied on Thursday.


David L. Nemec / Associated Press

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

Copyright © 2022 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 Stock Futures Waver Ahead of Consumer Data

Edmund DeMarche is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button