May 2, 2022 4:25 am ET
In the U.S., S&P 500 futures gained 0.7% and futures on the Dow Jones Industrial Average strengthened 0.7%, indicating May trading would open with gains after sharp slides for major indexes last month.
Europe stocks fell Monday. The Stoxx Europe 600 declined 0.8% in morning trade dragged down by declines in industrials and consumer staples sectors.
Safran
slipped 1.6% and
Airbus
fell 0.6%. Other stocks in Europe also mostly slipped as France’s CAC 40 shed 1.1% and Germany’s DAX was down 0.7%.
The British pound slipped 0.1% against the U.S. dollar, with 1 pound buying $1.26 whereas the Swiss franc and the euro traded flat against the dollar.
In commodities, international benchmark Brent crude declined 0.7% to $106.44 a barrel. Gold was also down 1.4% to $1,884.10 a troy ounce.
The yield on German 10-year bunds rose to 0.963% from 0.944%. Ten-year U.S. Treasury yields rose to 2.943% from 2.934%. Yields move in the opposite direction from prices.
In Asia, Japan’s Nikkei 225 index was lower 0.1%.
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