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U.S. Stock Futures Edge Higher, Treasuries Decline: Markets Wrap

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  • Kudlow comment on trade progress gives small support to shares
  • European equities fluctuate, bonds are mixed; gold, yen slip

These are the main moves in markets:

Stocks

  • Futures on the S&P 500 Index increased 0.3% as of 7:21 a.m. New York time.
  • The Stoxx Europe 600 Index was little changed.
  • The MSCI Asia Pacific Index jumped 0.5%.
  • The MSCI Emerging Market Index increased 0.4%.

Currencies

  • The Bloomberg Dollar Spot Index fell 0.1%.
  • The euro increased 0.1% to $1.1029.
  • The British pound was little changed at $1.2881.
  • The onshore yuan increased 0.2% to 7.008 per dollar.
  • The Japanese yen dipped 0.3% to 108.70 per dollar.

Bonds

  • The yield on 10-year Treasuries gained two basis points to 1.84%.
  • The yield on two-year Treasuries increased two basis points to 1.61%.
  • Germany’s 10-year yield increased one basis point to -0.34%.
  • Britain’s 10-year yield gained two basis points to 0.728%.
  • Japan’s 10-year yield decreased less than one basis point to -0.068%.

Commodities

  • West Texas Intermediate crude dipped 0.1% to $56.74 a barrel.
  • Iron ore gained 1.1% to $82.80 per metric ton.
  • Gold fell 0.4% to $1,465.30 an ounce.

— With assistance by Namitha Jagadeesh, and Cormac Mullen

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