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U.S. Stock Futures Waver With Major Tech Earnings on Tap

U.S. stock futures wavered ahead of day of corporate earnings reports from major technology firms.

Futures on the S&P 500 edged down 0.2%, while contracts on the tech-heavy Nasdaq-100 added 0.4%.

In Europe, the Stoxx Europe 600 lost 0.2% in morning trade as gains in consumer staples and real-estate sectors were muted by losses in industrials and energy sectors.

Icade climbed 2.2% for a two-session run of gains and J Sainsbury rose 2.2%.

The FTSE 100, which is dominated by large international businesses, fell 0.2%.

Other stock indexes in Europe were mixed as France's CAC 40 gained 0.2% while Germany's DAX was down 0.3%.

The euro depreciated 0.1% against the dollar, with 1 euro buying $1.21. Meanwhile, the Swiss franc and the British pound were broadly flat against the U.S. dollar.

In commodities, international benchmark Brent crude strengthened 0.7% to $56.05 a barrel. Gold declined 0.2% to $1,847.10 a troy ounce.

German 10-year bund yields were up to minus 0.528% from minus 0.529% and 10-year U.K. government debt known as gilts yields gained to 0.274% from 0.267%. The yield on 10-year U.S. Treasury slipped to 1.038% from 1.040%. Yields move inversely to bond prices.

Stocks in Asia mostly climbed as Hong Kong's Hang Seng flipped between gains and losses, and remained flat, Japan's Nikkei 225 index rose 0.3%, and China's benchmark Shanghai Composite climbed 0.1% after falling as much as 0.6% earlier.

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


(END) Dow Jones Newswires

January 27, 2021 04:01 ET (09:01 GMT)

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