US stock futures tick lower

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June 7, 2021 3:40 p.m. ET

US stock futures fell Monday after closing near records the previous week.

Futures on the S&P 500 were down 0.3% and futures on the Dow Jones Industrial Average were down 0.2%. Changes in futures don’t necessarily predict moves after the opening bell.

In Europe, the Stoxx Europe 600 lost 0.2% in morning trade as gains in the communications services and information technology sectors were offset by losses in the healthcare and consumer discretionary sectors.

The British FTSE 100 snaked along the flat line. Other stock indices in Europe fell mostly as France’s CAC 40 fell 0.2% and Germany’s DAX fell 0.3%.

The Swiss franc, the euro and the British pound depreciated against the US dollar by 0.1%, 0.2% and 0.2% respectively.

In commodities, the international benchmark crude oil Brent fell 1% to USD 71.18 per barrel. Gold also fell 0.3% to $ 1,885.60 a troy ounce.

German 10-year Bund yields rose to minus 0.205% and 10-year UK government bond yields, known as gilts, rose to 0.802%. US 10-year Treasury yields rose from 1.559% to 1.580%. Bond yields move in the opposite direction to prices.

Stocks in Asia were mixed as Japan’s Nikkei 225 index rose 0.3% and China’s benchmark Shanghai Composite rose 0.2% while Hong Kong’s Hang Seng fell 0.6%.

Traders worked on the New York Stock Exchange on Thursday.


Nicole Pereira / Associated Press

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