Stock Futures Edge Higher Ahead of Jobless Claims Data
February 11 2021 - 3:15AM
Dow Jones News
U.S. stock futures edged higher Thursday, ahead of data on
applications for unemployment benefits made last week.
S&P 500 futures ticked up 0.2%. The gauge closed 0.1% lower
on Wednesday.
Data on applications for unemployment benefits, due at 8:30 a.m.
ET, are expected to show that claims fell for the fourth week in a
row, a sign that layoffs are easing following an unwelcome spike in
early January.
The 10-year U.S. Treasury yield edged up to 1.138%, from 1.133%
on Wednesday. Yields move inversely to prices.
Overseas, the Stoxx Europe 600 gained 0.1%. The U.K.'s FTSE 100,
which is dominated by large international businesses, gained
0.2%.
Among individual European stocks, Coca-Cola HBC added 5.1% and
Rexel rose 7.2%.
The Swiss franc, the euro and the British pound traded flat
against the U.S. dollar.
In commodities, Brent crude fell 0.7% to $61.05 a barrel.
German 10-year bund yields was recently minus 0.460%, and the
yield on 10-year U.K. government debt known as gilts was
0.462%.
In Asia, Hong Kong's Hang Seng climbed 0.5% after falling as
much as 0.7% during the session. Markets in mainland China, Japan
and South Korea were closed on Thursday.
-- An artificial-intelligence tool was used in creating this
article.
(END) Dow Jones Newswires
February 11, 2021 04:00 ET (09:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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