Stock Futures Waver Ahead of Jobless Data

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Updated Aug. 4, 2022 3:38 am ET

U.S. stock futures were little changed after Wall Street indexes closed broadly higher and investors awaited jobless figures and a series of corporate results.

Futures on the S&P 500 were flat and futures on the Dow Jones Industrial Average added 0.1%. Changes in equity futures don’t necessarily predict moves after the opening bell.

In Europe, the Stoxx Europe 600 added 0.1% in morning trade as gains in consumer discretionary and utilities sectors were muted by losses in materials and consumer staples sectors.

Carnival jumped 2.4% for a three-day run of gains and Bellway rose 3.1%.

The U.K.’s FTSE 100 fell 0.1%. Other stock indexes in Europe mostly climbed as France’s CAC 40 gained 0.3%, the U.K.’s FTSE 250 climbed 0.2% and Germany’s DAX gained 0.4%.

The Swiss franc depreciated 0.1% against the U.S. dollar, with 1 franc buying $1.04. Meanwhile, the euro and the British pound strengthened 0.2% and 0.1% respectively against the U.S. dollar.

In commodities, Brent crude was up 0.2% to $96.96 a barrel. Gold was also up 0.7% to $1,788.80 a troy ounce.

German 10-year bund yields were down to 0.858% and the yield on 10-year U.K. government debt known as gilts was down to 1.887%. 10-year U.S. Treasury yields fell to 2.723% from 2.747%. Bond prices and yields move in opposite directions.

Indexes in Asia mostly climbed as Hong Kong’s Hang Seng added 1.7%, Japan’s Nikkei 225 index climbed 0.7% and China’s benchmark Shanghai Composite rose 0.8%.

Traders work on the floor at the New York Stock Exchange in New York, Wednesday, July 27, 2022. (AP Photo/Seth Wenig)

Photo:

Seth Wenig/Associated Press

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

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