Stock futures point to post-holiday gains

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June 21, 2022 3:40 a.m. ET

U.S. stock futures climbed, signaling a strong start for major indices after the June 19 holiday break.

S&P 500 futures gained 1.4% and Dow Jones Industrial Average futures rose 1.3%. Changes in stock futures do not necessarily predict market movements after the markets open.

European stocks advanced on Tuesday for a three-day streak of gains. The Stoxx Europe 600 climbed 0.5% in morning trading. The industrials and materials sectors led the gains while the consumer staples and healthcare sectors lost ground.

Britain’s FTSE 100 gained 0.2%. Other equity indices in Europe were also mostly up, with France’s CAC 40 gaining 0.6%, Britain’s FTSE 250 0.2% and Germany’s DAX 0.5%.

The Swiss franc, euro and British pound gained 0.2%, 0.3% and 0.5% respectively against the US dollar.

In commodities, international benchmark Brent rose 0.3% to $114.42 a barrel. Gold fell 0.3% to $1,835.90 per troy ounce.

The yield on German 10-year Bunds fell to 1.725% and yields on UK 10-year gilts fell to 2.593%. Yields on the 10-year US Treasury rose to 3.276% on Tuesday from 3.238% on Friday. Yields move inversely to prices.

Asian indices were mixed, with Hong Kong’s Hang Seng index climbing 1.5% and Japan’s Nikkei 225 index 1.8%, while China’s benchmark Shanghai Composite fell 0.3 %.

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


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—An artificial intelligence tool was used to create this article.

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