U.S. Stock Futures Waver, Dollar Edges Up

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U.S. stock futures wobbled between small gains and losses at the end of a bumpy week marked by the Federal Reserve taking a step toward tighter policy down the road.

Futures on the S&P 500 and the Dow Jones Industrial Average were flat. Changes in equity futures don’t necessarily predict moves after the opening bell.

In Europe, the Stoxx Europe 600 was largely flat in morning trade as gains in materials and information technology sectors were balanced by losses in energy and utilities sectors.

The U.K.’s FTSE 100, which is dominated by large international businesses, lost 0.1%. Other stock indexes in Europe were mixed as the U.K.’s FTSE 250 added 0.3% while Germany’s DAX slipped 0.1%, while France’s CAC 40 meandered after the flat line.

The Swiss franc, the euro and the British pound slipped 0.1%, 0.1% and 0.5% respectively against the U.S. dollar.

In commodities, Brent crude was down 0.6% to $72.63 a barrel. Gold gained 0.6% to $1,785.20 a troy ounce.

The German 10-year bund yield was up to minus 0.195% and the 10-year U.K. government debt known as gilts yield fell to 0.773%. The 10-year U.S. Treasury yield was flat at 1.509%. Yields move inversely to bond prices.

Indexes in Asia were mixed as Hong Kong’s Hang Seng climbed 0.7%, whereas Japan’s Nikkei 225 index was down 0.2% and China’s benchmark Shanghai Composite was broadly flat.

Traders worked on the floor of the New York Stock Exchange on Thursday.



Photo:

Courtney Crow/Associated Press

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