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US Futures Up, European Stocks Gain as Investors Await Rate Decisions

In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.1% Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Ocado Group rose 5.6% and CD Projekt added 4.9%. On the other hand, Samhaellsbyggnadsbolaget dropped 6.1%, and Georg Fischer AG fell 3.7%. The FTSE 100 added 0.2%. Other stocks in Europe were up as France's CAC 40 gained 0.5% and Germany's DAX climbed 0.5%.

The Wall Street Journal Dollar Index was flat at 97.25.

In commodities, Brent crude dropped 1.7% to $73.54 a barrel, and WTI crude fell 1.9% to $68.87 a barrel.

The German 10-year Bund yield rose by 1.2 basis points to 2.39% from 2.378%, and the yield on the 10-year U.S. Treasury climbed by 2.4 basis points to 3.767% from 3.742% Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan's Nikkei 225 index gained 0.5%, whereas Hong Kong's Hang Seng declined 0.1%. China's benchmark Shanghai Composite declined 0.1%.


-This article was automatically generated by MarketWatch.


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(END) Dow Jones Newswires

June 12, 2023 03:53 ET (07:53 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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