Stock futures tick higher after the Wall Street rally

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Dec. 8, 2021 3:51 p.m. ET

US stock futures rose slightly a day after Wall Street indices rebounded on easing concerns about the Omicron variant.

S&P 500 futures rose 0.2% and futures on the Dow Jones Industrial Average rose 0.1%. The contracts do not necessarily predict market movements after the opening bell.

In Europe, the Stoxx Europe 600 rose 0.2% in morning trading as gains in the consumer discretionary and utilities sectors were offset by losses in the energy and communications services sectors.

The UK’s FTSE 100 rose 0.3%. Other stock indices in Europe were mixed, with the French CAC 40 up 0.3% and the UK FTSE 250 up 0.2% while the German DAX was down 0.1%.

The Swiss Franc and Euro gained 0.2% against the US Dollar and the British Pound was largely unchanged against the US Dollar, with 1 pound buying $ 1.32.

In commodities, Brent crude oil slipped 0.7% to $ 74.93 a barrel. Gold gained 0.1% to $ 1,787.30 a troy ounce.

German 10-year Bund yields rose to minus 0.368% and UK 10-year government bond yields rose to 0.748%. The US 10-year Treasury yield fell from 1.479% to 1.463%. Returns and prices move in opposite directions.

Stocks in Asia rose mainly as Hong Kong’s Hang Seng meandered after the flat line, Japan’s Nikkei 225 index rose 1.4% and China’s Shanghai Composite rose 1.2%.

Crown Prince Haakon of Norway visited the floor of the New York Stock Exchange on Tuesday.


Richard Drew / Associated Press

– An artificial intelligence tool was used in the preparation of this article.

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