Stock futures on Monday

13 December 2021
3051
1 min.
1
Stock futures on Monday

Stock futures at the start of the week

US stock futures rose early in the week after the S&P 500 hit a record high following an inflation reading that was the highest in decades.

S&P 500 futures rose 0.2 per cent and Dow Jones Industrial Average futures added 0.2 per cent. Contracts do not necessarily predict moves after the first bell.

In Europe, the Stoxx Europe 600 was up 0.2% in morning trading as gains in the energy and financial sectors were muted by losses in the utility and consumer sectors.

Shares in Ackermans Van Haaren NV jumped 3.9% in the three sessions, while Jupiter Fund Management PLC gained 3.7%.

The British FTSE 100 was broadly unchanged. Other stock indices in Europe were mixed: French CAC 40 and British FTSE 250 were little changed, while German DAX added 0.2%.

The Swiss franc, euro and British pound were down 0.2%, 0.1% and 0.1% respectively against the US dollar.

Brent crude oil rose 0.9% to $75.81 a barrel. Gold also rose 0.1% to $1,787.20 a troy ounce.

German 10-year bond yields rose to minus 0.340% and UK 10-year bond yields fell to 0.742%. The yield on 10-year US Treasuries rose to 1.492% from 1.487% on Friday. Yields are changing inversely to bond prices.

Indices in Asia were mostly up: Hong Kong's Hang Seng was unchanged after rising 1.6% earlier, Japan's Nikkei 225 added 0.7% and China's Shanghai Composite gained 0.4%.

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