Investing

Morning Wire -- US Stock-Index Futures Little-Changed

US stock-index futures are nearly flat this morning as French and German leaders meet to iron out the details for a Eurozone growth plan. The US earnings season gets off to its official start today with Alcoa Inc. (NYSE: AA) set to report earnings after markets close today. Consensus estimates call for an EPS loss of -$0.02. In Europe, investors are waiting to see the results on the next auction of Italian and Spain later this week. There is a short-term US Treasuries auction this morning, and this afternoon the Federal Reserve releases its report on consumer credit.

At about 8:30 a.m. ET, Germany’s DAX is down -0.19% at 6,046.16 and France’s CAC 40 is up 0.22%, at 3,144.20. In London, the FTSE 100 is down -0.21%, at 5,637.88.

In Asia, Hong Kong’s Hang Seng closed up 1.47%, at 18,865.70. The Nikkei index closed down -1.16%, at 8,390.35 on Friday and closed for a holiday on Monday, and the Shanghai index closed up 2.89%, at 2,225.89.

Dow futures are up 0.25%, at 12,340.00. The Nasdaq 100 is up 0.30%, at 2,359.25 and the S&P is up 0.21%, at 1,276.70.

In the currency markets, the US dollar is weaker against the euro, the British pound, and the Japanese yen. The US dollar index is down about 0.22% at 81.084.

In commodities, WTI and Brent crude are mixed this morning, with WTI at up slightly at $101.58/barrel and Brent down slightly at $112.96/barrel. Gold is also higher this morning, at $1,618.50/ounce.

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.