Stock Futures Gain Ahead of Income Data, Energy Earnings

Stock Futures Gain Ahead of Income Data, Energy Earnings #Stock #Futures #Gain #Ahead #Income #Data #Energy #Earnings Welcome to Lopoid

Updated July 29, 2022 3:39 am ET

U.S. stock futures climbed, pointing to a third consecutive day of gains on Wall Street with income and employment cost data and earnings updates from major energy companies on tap.

S&P 500 futures rose 0.7% and futures on the Dow Jones Industrial Average strengthened 0.2%. The contracts don’t necessarily predict movements after the markets open.

Europe stocks advanced Friday for a three-day run of gains. The Stoxx Europe 600 climbed 0.6% in morning trade. Financials and industrials sectors led gains while healthcare and consumer staples sectors lost ground.

Banco Bilbao Vizcaya Argentaria

added 5% for a three-session winning streak and

Aéroports de Paris

jumped 6.5%.

Intertek Group

fell 6.6% and Jupiter Fund Management PLC slipped 7.3%.

The U.K.’s FTSE 100 gained 0.2%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 1.4%, the U.K.’s FTSE 250 climbed 0.5% and Germany’s DAX added 0.6%.

The Swiss franc, the euro and the British pound were up 0.3%, 0.4% and 0.4% respectively against the U.S. dollar.

In commodities, Brent crude rose 0.8% to $102.67 a barrel. Gold was also up 0.8% to $1,764.20 a troy ounce.

German 10-year bund yields gained to 0.858% and the yield on 10-year U.K. government debt known as gilts strengthened to 1.905%. 10-year U.S. Treasury yields were up to 2.682% from 2.680%. Bond yields move inversely to prices.

Stocks in Asia mostly fell as Hong Kong’s Hang Seng was lower 2.8%, Japan’s Nikkei 225 index was flat and China’s benchmark Shanghai Composite shed 0.9%.

Traders work on the floor of the New York Stock Exchange on Monday.


Spencer Platt/Getty Images

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

We want to hear from you

What’s your investing strategy for 2022? Has the recent market turmoil changed your approach? Tell us about your experience here.

Household Income Level

Select one…0 – $47,900$48,000 – $75,300$75,400 – $127,300$127,400 – $188,400$188,500 and above




City, State


By submitting your response to this questionnaire, you consent to Dow Jones processing your special categories of personal information and are indicating that your answers may be investigated and published by The Wall Street Journal and you are willing to be contacted by a Journal reporter to discuss your answers further. In an article on this subject, the Journal will not attribute your answers to you by name unless a reporter contacts you and you provide that consent.

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

Click Here To Continue Reading from Source