U.S. Stock Futures Rise Ahead of Economic Data

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U.S. stock futures rose ahead of updated figures on U.S. economic growth and the number of Americans applying for unemployment benefits.

Futures on the S&P 500 were up 0.3% and Dow Jones Industrial Average futures rose 0.4%. The contracts don’t necessarily predict market moves after the markets open.

In Europe, the Stoxx Europe 600 added 0.5% in morning trade. Utilities and materials sectors led gains while energy and real-estate sectors lost ground.

United Utilities Group declined 3.3% for a two-session losing streak and John Wood Group fell 2%.

The U.K.’s FTSE 100 gained 0.2%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 climbed 0.6%, the U.K.’s FTSE 250 added 0.2% and Germany’s DAX rose 0.7%.

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