U.S. Futures, European Stocks Slip After Israel Launches Strike Against Iran

U.S. futures for the S&P 500 were down 0.5% and futures for the Dow Jones Industrial Average fell 0.4%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 declined 0.6% in morning trading. Royal UNIBREW climbed 12.9% and L'Oreal added 5.4%. On the other hand, Man Group dropped 4.8%, and Volvo Series B slipped 4.3%. The FTSE 100 lost 0.4%. Other stocks in Europe were down as France's CAC 40 decreased 0.6% and Germany's DAX fell 0.9%.

The Wall Street Journal Dollar Index was flat at 100.47.

In commodities, Brent crude gained 1% to $88.01 a barrel, and WTI crude rose 1.2% to $83.73 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 1.2% to EUR32.7 a megawatt hour.

The German 10-year Bund yield declined by 1 basis point to 2.487% from 2.5%, and the yield on the 10-year U.S. Treasury fell by 2 basis points to 4.608% from 4.631%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan's Nikkei 225 index declined 2.7%, and Hong Kong's Hang Seng dropped 0.9%. China's benchmark Shanghai Composite declined 0.3%.

-This article was automatically generated by MarketWatch.

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(END) Dow Jones Newswires

April 19, 2024 03:48 ET (07:48 GMT)

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