U.S. Stock Futures and Global Indexes Decline

U.S. stock futures and international indexes fell on the final trading day of the week after economic data on Thursday suggested that growth was set to slow.

S&P 500 futures fell 0.9% and Dow Jones Industrial Average futures slipped 0.5%. Changes in equity futures don’t necessarily predict moves after the opening bell.

Europe stocks declined Friday. The Stoxx Europe 600 shed 0.8% in morning trade. Energy and utilities sectors led the losses while the consumer staples sector rose.

Red Eléctrica Corp

oración declined 2.3% snapping a three-day winning streak and

John Wood Group

fell 2.2%.

The U.K.’s FTSE 100 was lower 0.9%. Other stock indexes in Europe also mostly slipped as France’s CAC 40 lost 0.4%, the U.K.’s FTSE 250 was down 0.6% and Germany’s DAX fell 1%.

The euro and the British pound were up 0.1% against the U.S. dollar and the Swiss franc was flat against the U.S. dollar, with 1 franc buying $1.10.

In commodities, Brent crude declined 0.5% to $74.69 a barrel. Gold also fell 0.1% to $1,828.60 a troy ounce.

The German 10-year bund yield strengthened to minus 0.446% and the yield on U.K. 10-year gilts was down to 0.574%. 10-year U.S. Treasury yields were down to 1.244% from 1.269%. Bond yields move inversely to prices.

Indexes in Asia mostly fell as Hong Kong’s Hang Seng lost 1.9%, Japan’s Nikkei 225 index shed 1.8% and China’s benchmark Shanghai Composite declined 0.4%.

Traders worked on the floor at the New York Stock Exchange on Thursday.


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