Investing

Morning Wire -- US Stock-Index Futures Higher

US index futures are higher this morning following the auction of 12- and 18-month Spanish debt. Demand was good, but yields on the 12-month bill rose from about 1.42% in March to 2.6% this month (our coverage here). In the US, March housing starts are announced this morning along with industrial production and utilization data. In Asia, foreign direct investment in China fell more than -6% year-over-year, pushing major indexes down slightly

At about 8:05 a.m. ET, Germany’s DAX is up 1.16% at 6,701.95 and France’s CAC 40 is up 1.31% at 3,247.41. In London, the FTSE 100 is up 0.79%, at 5,711.12.

In Asia, the Nikkei closed down -0.06% at 9,464.71. The Hang Seng index closed down -0.23% at 20,562.30 and Shanghai closed down -0.94% at 2,334.99.

Dow futures are up 0.48%, at 12,912.00. The Nasdaq is 0.36%, at 2,673.25 and the S&P is up 0.54%, at 1,371.20.

In the currency markets, the US dollar is stronger against the euro and the Japanese yen, and weaker against the British pound. The US dollar index is down -0.02% at 79.543.

In commodities, WTI and Brent crude are mixed this morning, with WTI up 0.69% at $103.64/barrel and Brent is down -0.09% at $118.57/barrel. Gold is up 0.39% this morning, at $1,656.10/ounce.

Paul Ausick

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

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