U.S. Futures, European Stocks Fall

U.S. futures for the S&P 500 were down 0.7% and futures for the Dow Jones Industrial Average fell 0.5%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 declined 1.1% in morning trading. Fortnox rose 36.2% and Wise rose 1.9%. On the other hand, Carl Zeiss Meditec slipped 6.2%, and Wartsila lost 5.2%. The FTSE 100 lost 1%. Other stocks in Europe were down as France’s CAC 40 decreased 1.1% and Germany’s DAX dropped 1.1%.

The Wall Street Journal Dollar Index dropped 0.1% to 99.45.

In commodities, Brent crude dropped 0.2% to $72.60 a barrel, and WTI crude fell 0.3% to $69.15 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 0.4% to 40.98 euros a megawatt hour.

The German 10-year Bund yield fell by 5 basis points to 2.681% from 2.734%, and the yield on the 10-year U.S. Treasury declined by 4 basis points to 4.195% from 4.239%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan’s Nikkei 225 index declined 4%, and Hong Kong’s Hang Seng declined 0.9%. China’s benchmark Shanghai Composite dropped 0.5%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

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