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The futures of stocks, oil prices are falling

March 25, 2022 04:37 (ET).

The future of U.S. stocks declined, but continued to rise on a weekly basis as a result of concerns about the Ukrainian war and the Federal Reserve’s commitment to raising interest rates to curb inflation.

The S&P 500 futures fell 0.2% and the Dow Jones Industrial Average futures fell 0.1%. Changes in stock futures do not necessarily anticipate movements after the initial bell.

In Europe, Stoxx Europe was down 0.1% in morning trade, as gains in the materials and real estate sectors were offset by losses in the energy and healthcare sectors.

The UK FTSE fell 100% to 0.2%. Other European stock indices were flat, with most of the French CAC 40, the UK FTSE 250 and most German DAXs unchanged.

The British pound fell 0.2% against the US dollar, and the pound bought for $ 1.32. Meanwhile, the Swiss franc and the euro rose 0.3% and 0.1%, respectively, against the dollar.

In commodities, international benchmark Brent crude fell 1.5% to $ 113.53 a barrel. Gold also fell 0.2% a troy ounce to $ 1,957.30.

Germany’s 10-year yield fell to 0.513% and the 10-year UK government debt known as gilts yields fell to 1.616%. US Treasury 10-year yields rose to 2.354% from 2,340% on Thursday. Yields and prices are moving in opposite directions.

Shares in Asia were mixed, with Japan’s Nikkei 225 rising 0.1% after 0.6% during the session, Hong Kong’s Hang Seng fell 2.9% and China’s Shanghai Composite benchmark lost 1.2%.

Traders were working on the floor of the New York Stock Exchange on Monday.


Photo:

Courtney Crow / Associated Press

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

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The futures of stocks, oil prices are falling

Source link The futures of stocks, oil prices are falling

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