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Stock futures pause after Dow hits record

 


U.S. equity futures were little changed after the Dow Jones Industrial Average closed the previous week at a record high.

S&P 500 futures strengthened 0.1% and Dow Jones Industrial Average futures remained stable. Changes in stock futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 meandered past the flat line in morning trading, as gains in the consumer staples and healthcare sectors were offset by losses in the industrials and real estate sectors.

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Fred DeMarco, right, works with other traders on the floor of the New York Stock Exchange on Friday, February 2, 2018 (AP Photo / Richard Drew) (AP Photo / Richard Drew)

Britain’s FTSE 100, dominated by large international companies, gained 0.4%. Other stock indices in Europe were mixed: the British FTSE 250 climbed 0.2%, the German DAX was broadly stable and the French CAC 40 was broadly flat.

The Swiss franc lost 0.1% against the dollar, with 1 franc buying $ 1.09. The euro was stable against the US dollar, with 1 euro buying $ 1.16. The British pound was up 0.1% against the dollar, with 1 pound buying $ 1.38.

In commodities, international benchmark Brent crude slipped 0.4% to $ 85.19 a barrel. Gold rose 0.1% to $ 1,797.90 per troy ounce.

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The yield on the 10-year German bund climbed to minus 0.091% and the yield on the 10-year gilts strengthened to 1.173%. The yield on 10-year US Treasuries edged up to 1.661% from 1.654% on Friday. Bond yields move in opposite directions to prices.

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In Asia, indices were mixed, with the Hong Kong Hang Seng stable, the Chinese benchmark Shanghai Composite rose 0.8% and the Japanese Nikkei 225 index lost 0.7%.

An artificial intelligence tool was used to create this article.

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