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Futures swing after record S&P 500

December 28, 2021, 3:41 a.m. ET

US stock futures were steady on Tuesday after a close record for the S&P 500 a day earlier.

In the US, S&P 500 futures fell 0.1% and futures contracts tied to the Dow Jones Industrial Average were mostly flat. Changes in equity futures are not necessarily predictive of moves after the market open.

European stocks rallied on Tuesday for a two-session winning streak.

Stoxx Europe 600 rose 0.2% in morning trade. The utilities and financial sectors led gains while the consumer staples and discretionary sectors lost ground.

Other European shares also rose, with France’s CAC 40 up 0.2 percent and Germany’s DAX up 0.1 percent.

The British pound strengthened 0.1% against the US dollar, with 1 pound buying $1.34, while the Swiss franc and euro were flat against the dollar.

In commodities, the international benchmark Brent crude oil price was unchanged, at $78.20 a barrel. Gold rose 0.4% to $1,815.90 an ounce.

Yields on 10-year US Treasuries fell from 1.479 percent to 1.474 percent. Yields move in the opposite direction of price.

Stocks in Asia mostly rallied as Hong Kong’s Hang Seng was flat, Japan’s Nikkei 225 gained 1.4% and China’s Shanghai Composite added 0.4%.

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Stock futures show a flat opening on Wall Street.


Photo:

John Minchillo / Associated Press

An artificial intelligence tool was used to create this article.

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https://www.wsj.com/articles/global-stock-markets-dow-update-12-28-2021-11640680761?mod=rss_markets_main Futures swing after record S&P 500

Ian Walker

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