U.S. Futures, European Stocks Rise as Markets Digest French Election

U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 1.1% in morning trading. Sopra Steria Group added 7.3% and Societe Generale rose 7.2%. On the other hand, Bechtle slipped 4.3%, and Wacker Chemie lost 2.6%. The FTSE 100 added 0.6%. Other stocks in Europe were up as France's CAC 40 increased 2.8% and Germany's DAX rose 1%.

The Wall Street Journal Dollar Index dropped 0.1% to 100.36.

In commodities, Brent crude rose 0.7% to $85.63 a barrel, and WTI crude gained 0.8% to $82.16 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 1.6% to EUR35.03 a megawatt hour.

The German 10-year Bund yield climbed by 5 basis points to 2.551% from 2.501%, and the yield on the 10-year U.S. Treasury held steady at 4.405%. Bond prices and yields move in opposite directions.

Stocks in Asia were up as Japan's Nikkei 225 index climbed 0.1%, whereas markets in Hong Kong were closed. China's benchmark Shanghai Composite gained 0.9%.

-This article was automatically generated by MarketWatch.

Write to Barcelona Editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

July 01, 2024 03:49 ET (07:49 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.