Stock futures rise to start the week



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US equity futures rose ahead of data that should show growing demand for durable goods.

S&P 500 futures gained 0.3% and Dow Jones Industrial Average futures gained 0.5%. Contracts do not necessarily predict market movements after the markets open.

In Europe, the Stoxx Europe 600 climbed 0.7% in morning trading, with the consumer staples and communications services sectors leading the gains.

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Traders Gordon Charlop, left, and John Panin work on the floor of the New York Stock Exchange on Tuesday, February 6, 2018. (PA)

The UK’s FTSE 100 added 0.9%. Other stock indexes in Europe also mainly climbed, with the French CAC 40 rising 0.7%, the UK FTSE 250 0.7% and the German DAX rising 1.1%.

The Swiss franc lost 0.2% against the US dollar, with 1 franc buying $ 1.08. The euro has remained stable against the US dollar, with 1 euro buying $ 1.17. The British pound strengthened 0.1% against the dollar, with 1 pound buying $ 1.37.

In commodities, international benchmark Brent crude rose 1% to $ 78.02 a barrel. Gold also rose 0.3% to $ 1,757.60 per troy ounce.

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German 10-year Bund yields fell to minus 0.238% and the yield on UK 10-year government debt known as gilts slipped to 0.831%. The 10-year US Treasury yield slipped to 1.446% on Monday from 1.459% on Friday. Yields move in the opposite direction to bond prices.

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In Asia, indices were mixed as the Hong Kong Hang Seng rose 0.7%, while Japan’s Nikkei 225 index was mostly flat after rising 0.5% during the session and China’s benchmark Shanghai Composite fell 0.8% after rising 0.7% earlier.

An artificial intelligence tool was used to create this article.

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