US Futures Dip, European Stocks Mostly Down Weighed by Banking Sector Concerns
24 Mars 2023 - 10:03AM
Dow Jones News
In the U.S., futures for the S&P 500 were down 0.1% and
futures for the Dow Jones Industrial Average declined 0.1%. Changes
in futures do not necessarily predict movements after the opening
bell.
In Europe, the Stoxx Europe 600 dropped 0.8% in morning trading.
Cellnex Telecom rose 2% and Investor Series B added 1.7%. On the
other hand, TUI sunk 9.3%, and Credit Suisse Group lost 6.3%. The
FTSE 100 lost 0.9%. Other stocks in Europe were down as France's
CAC 40 decreased 0.9% and Germany's DAX fell 0.9%.
The Wall Street Journal Dollar Index rose 0.2% to 96.29.
In commodities, Brent crude dropped 0.9% to $74.84 a barrel, and
WTI crude fell 0.8% to $69.37 a barrel.
The German 10-year Bund yield declined by 8.4 basis points to
2.109% from 2.193%, and the yield on the 10-year U.S. Treasury fell
by 5.2 basis points to 3.37% from 3.422%. Bond prices and yields
move in opposite directions.
Stocks in Asia were down as Japan's Nikkei 225 index declined
0.1%, and Hong Kong's Hang Seng fell 0.7%. China's benchmark
Shanghai Composite fell 0.6%.
-This article was automatically generated by MarketWatch.
Write to Barcelona Editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
March 24, 2023 04:48 ET (08:48 GMT)
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