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Jan. 28, 2022 3:34 am ET

U.S. stock futures were mixed at the end of a roller coaster week that dragged the S&P 500 to the edge of correction territory.

S&P 500 futures slipped 0.1% and Dow Jones Industrial Average futures were down 0.1%. Contracts on the tech-heavy Nasdaq-100 added 0.3%. The contracts don’t necessarily predict market moves after the opening bell.

European stocks fell Friday after a three-day winning streak. The Stoxx Europe 600 shed 0.3% in morning trade. Financials and communication services sectors notched the biggest losses while energy and consumer discretionary sectors rose.

Industria de Diseño Textil jumped 2% and ITV climbed 3.2%. Carnival slipped 5.6% for a two-session losing streak and Prudential declined 2.1%.

The U.K.’s FTSE 100 was down 0.3%. Other stock indexes in Europe also mostly fell as France’s CAC 40 lost 0.1%, the U.K.’s FTSE 250 was lower 0.3% and Germany’s DAX lost 0.8%.

The Swiss franc, the euro and the British pound dropped 0.1%, 1% and 0.7% respectively against the U.S. dollar.

In commodities, Brent crude strengthened 0.8% to $88.86 a barrel. Gold was flat, at $1,792.90 a troy ounce.

The German 10-year bund yield was up to minus 0.046% and U.K. 10-year gilts yields gained to 1.248%. The yield on 10-year U.S. Treasurys strengthened to 1.839% from 1.807%. Bond yields move in the opposite directions to prices.

Stocks in Asia were mixed as Japan’s Nikkei 225 index added 2.1%, whereas Hong Kong’s Hang Seng shed 1.1% and China’s benchmark Shanghai Composite fell 1%.

Traders worked on the floor of the New York Stock Exchange on Wednesday.

Photo: Allie Joseph/Associated Press

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

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

Source: WSJ

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