May 23, 2022 at 3:38 am ET
Futures on US stocks rose, indicating gains in major indexes at the opening after reaching the longest weekly series of losses in decades.
Futures on the S&P 500 rose 1.2%, while futures on the Dow Jones Industrial Average rose 1.1%. Changes in futures for stocks do not necessarily predict movement after the opening call.
On Monday, European stocks advanced to a two-session winning streak. Stoxx Europe 600 increased 1.2% in morning trade with the industrial and financial sectors.
Aena SME rose 2.2% in two days and Legal & General Group Plc jumped 2.2%.
The British FTSE 100, dominated by major international companies, added 0.9%. Other stock indexes in Europe also rose mostly: the French CAC 40 rose 0.9%, the British FTSE 250 rose 0.9% and the German DAX – 1.7%.
The exchange rates of the Swiss franc, the euro and the British pound against the US dollar rose by 0.4%, 0.3% and 0.5% respectively.
In terms of commodities, Brent crude rose 1.1% to $ 113.77 a barrel. Gold also strengthened 0.5% to $ 1,852.00 per troy ounce.
The yield of German 10-year-old pigs rose to 0.959%, ​​and the yield of 10-year-old British piglets rose to 2.018%. Yields on the 10-year U.S. Treasury on Monday reached 2.826% from 2.785% on Friday. Bond prices and yields are moving in opposite directions.
In Asia, the indices were mixed: Japan’s Nikkei 225 added 1%, and China’s Shanghai Composite was largely fruitless after losing 0.6% during the session, while Hong Kong’s Hang Seng was down 1.4%.
Traders worked on the New York Stock Exchange on Friday.
Photo:
Ted Shafri / Associated Press
—An artificial intelligence tool was used to create this article.
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