U.S. Stock Futures Hover After S&P 500 Hits Record

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U.S. stock futures were little changed a day after the S&P 500 nudged up to a fresh record as investors weighed rising inflation against evidence of a healing labor market.

S&P 500 futures traded mostly flat and futures on the Dow Jones Industrial Average traded flat. Changes in equity futures don’t necessarily predict movements after the markets open.

In Europe, the Stoxx Europe 600 gained 0.3% in morning trade, and it is at its highest level in a year as gains in healthcare and communication services sectors were muted by losses in financials and real-estate sectors.

The U.K.’s FTSE 100 added 0.5%. Other stock indexes in Europe mostly gained as France’s CAC 40 rose 0.3% and the U.K.’s FTSE 250 climbed 0.3%, while Germany’s DAX was flat.

The British pound depreciated 0.1% against the U.S. dollar, with 1 pound buying $1.42 whereas the Swiss franc and the euro strengthened 0.1% against the dollar.

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