3.9k Share this

April 25, 2022 3:35 am ET

U.S. stock futures fell, pointing to Wall Street indexes extending declines after the Dow Jones Industrial Average suffered its worst one-day percentage drop since October 2020.

Futures on the S&P 500 fell 0.7% and futures tied to the Dow Jones Industrial Average declined 0.6%. Changes in futures don’t necessarily predict movements after the opening bell.

European stocks declined Monday. The Stoxx Europe 600 fell 1.9% in morning trade dragged down by declines in consumer staples and energy sectors.

Anheuser-Busch InBev slipped 3% and BP fell 2.9%.

The U.K.’s FTSE 100 declined 1.8%. Other stock indexes in Europe also mostly slipped as France’s CAC 40 shed 2%, the U.K.’s FTSE 250 slipped 1.4% and Germany’s DAX fell 1.9%.

The Swiss franc, the euro and the British pound dropped 0.2%, 0.6% and 0.7% respectively against the U.S. dollar.

In commodities, Brent crude was down 3.7% to $102.17 a barrel. Gold also fell 0.7% to $1,919.90 a troy ounce.

The yield on German 10-year bunds fell to 0.883% and 10-year U.K. government debt known as gilts yields declined to 1.870%. 10-year U.S. Treasury yields were down to 2.824% on Monday from 2.905% on Friday. Bond yields and prices move inversely.

Stocks in Asia mostly fell as Hong Kong’s Hang Seng lost 3.5%, Japan’s Nikkei 225 index declined 1.9% and China’s benchmark Shanghai Composite was lower 5.1%.

The Dow Jones Industrial Average on Friday posted its worst one-day percentage change since October 2020.


An artificial-intelligence tool was used in creating this article.

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source: WSJ

3.9k Share this
You May Also Like

Central African Republic to launch official crypto hub ‘Sango’

Shortly after approving Bitcoin (BTC) as legal tender in the Central African…

FC Barcelona President Laporta Attacks PSG, Xavi’s Squad And Gavi While Speaking On Neymar Return

Joan Laporta has took aim at PSG in an interview. Getty Images…

Colorado Rockies Getting Small Dividend On Kris Bryant Investment So Far

Colorado Rockies’ Kris Bryant in the fifth inning of game one of…

Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise

Bitcoin (BTC) is predicted to drop more than 70% to the $8,000…

Concessions To Congressional Republicans Doomed A Gun Control Law

People may think there was never a federal gun control law. There…

Identity and the Metaverse: Decentralized control

“The Metaverse” and “Web3” are the buzzwords of the moment, with their…

3 reasons why Bitcoin is regaining its crypto market dominance

Bitcoin (BTC) is regaining its lost crypto market dominance even as it…

Is CSX Stock A Good Buy At $31?

UKRAINE – 2021/06/15: In this photo illustration a CSX Corporation logo seen…