May 20, 2022 3:37 am ET
Futures on US stocks rose after days of volatile trading, but major indexes are still on course to close the week with losses.
S&P 500 futures were up 0.7% and Dow Jones Industrial Average futures were up 0.5%. Contracts do not necessarily predict market movements after markets open.
European stocks rose on Friday. Stoxx Europe 600 added 0.7% in morning trading. The financial sector and the consumer goods sector led to growth, while the consumer opinion sector and the real estate sector lost ground.
Legal & General Group PLC jumped 2.3% and Ackermans & Van Haaren NV jumped 2.3%.
The British FTSE 100, dominated by major international companies, rose 1.2%. Other stock indices in Europe also rose mostly: the French CAC 40 rose 0.4%, the British FTSE 250 added 0.6% and the German DAX – 0.7%.
The exchange rates of the Swiss franc and the euro against the US dollar fell by 0.1%. At the same time, the British pound stopped against the dollar: 1 pound bought $ 1.25.
As for commodities, Brent crude oil fell 0.4% to $ 111.64 a barrel. Gold rose 0.3% to $ 1,846.00 per troy ounce.
The yield of German 10-year-old pigs rose to 0.984%, and the yield of 10-year-old British piglets rose to 1.905%. The yield on the 10-year U.S. Treasury was up 2.871% from 2.854%. Bond yields and prices are moving backwards.
Shares in Asia rose mostly when Hong Kong’s Hang Seng rose 2.8%, Japan’s Nikkei 225 index added 1.3% and China’s Shanghai Composite benchmark rose 1.6%.
—An artificial intelligence tool was used to create this article.
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