5.9k Share this

July 20, 2021 4:03 am ET

U.S. stock futures ticked up, suggesting Wall Street could stage a partial recovery after worries about the Delta variant of the coronavirus dragged major indexes lower.

S&P 500 futures gained 0.6% and Dow Jones Industrial Average futures strengthened 0.8%. Changes in equity futures don’t necessarily predict market moves after the opening bell.

European stocks climbed Tuesday after a four-session losing streak. The Stoxx Europe 600 added 1% in morning trade, led by gains in energy and utilities sectors.

BP jumped 2.1% snapping a losing streak of more than a week and SSE rose 2%.

The U.K.’s FTSE 100, which is dominated by large international businesses, climbed 1.1%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 1.2%, the U.K.’s FTSE 250 rose 0.7% and Germany’s DAX added 1%.

The euro and the British pound dropped 0.2% against the U.S. dollar whereas the Swiss franc was flat against the U.S. dollar, with 1 franc buying $1.09.

In commodities, international benchmark Brent crude was up 1.2% to $69.43 a barrel. Gold also gained 0.4% to $1,816.60 a troy ounce.

The German 10-year bund yield declined to minus 0.396% and the yield on 10-year U.K. government debt known as gilts was down to 0.553%. The yield on 10-year U.S. Treasury rose to 1.214% from 1.181%. Yields move in the opposite direction from prices.

Indexes in Asia mostly fell as Hong Kong’s Hang Seng lost 1.2%, Japan’s Nikkei 225 index was down 1%, and China’s benchmark Shanghai Composite shed 0.1% after falling by as much as 0.8% during the session.

A trader worked on the floor of the New York Stock Exchange on Monday.

Photo: Richard Drew/Associated Press

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source: WSJ

5.9k Share this
You May Also Like

Yellen Pushes Polish Prime Minister on International Tax Deal

WARSAW—Treasury Secretary Janet Yellen pushed Poland to advance the European Union’s implementation…

6 Questions for Dominik Schiener of the Iota Foundation – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their…

Lionel Messi’s Retirement Plan To Join Inter Miami In 2023 And Buy 35% Stake In MLS Franchise

Lionel Messi plans to buy a 35% stake in Inter Miami. Getty…

I own everything, have total privacy and life has never been better

This is a parody of the article published by the World Economic…

Facing Financial Fears In 2022

2022 has given us plenty of reasons to fear for our financial…

Fireblocks introduces Web3 Engine with developer tools to accelerate ecosystem growth

As the world accelerates towards a decentralized future, Fireblocks, a digital assets…

How Healthcare Costs Can Affect Retirement Planning

Robert W. Bache (aka “Medicare Bob”) is founder and chief of sales…

Taiwan Covid Cases Hit A Daily Record 68,732; Computex Tech Fair Affirms In-Person Return

People wear face masks to help protect against the spread of the…