U.S. Stock Futures Tick Lower Ahead of Consumer Data

April 30, 2021 3:38 am ET

U.S. stock futures edged down on Friday, ahead of fresh data on American consumers including income, spending and sentiment.

S&P 500 futures declined 0.2% and futures tied to the Dow Jones Industrial Average slipped 0.1%. Changes in equity futures don’t necessarily predict moves after the markets open.

In Europe, the Stoxx Europe 600 added 0.2% in morning trade as gains in communication services and information technology sectors were balanced by losses in financials and materials sectors.

Euronext fell 8.3%.

The U.K.’s FTSE 100 rose 0.2%. Other regional indexes in Europe also mostly climbed as France’s CAC 40 climbed 0.2%, the U.K.’s FTSE 250 gained 0.2% and Germany’s DAX climbed 0.3%.

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

In commodities, Brent crude was down 0.3% to $67.83 a barrel. Gold was up 0.1% to $1,770.00 a troy ounce.

The German 10-year bund yield declined to minus 0.201% and the yield on 10-year gilts fell to 0.829%. The yield on 10-year U.S. Treasury edged up to 1.642% from 1.639%. Bond prices and yields move in opposite directions.

Stocks in Asia mostly fell as Hong Kong’s Hang Seng was lower 1.6%, Japan’s Nikkei 225 index shed 0.8%, and China’s benchmark Shanghai Composite lost 0.8%.

Endeavor CEO Ariel Emanuel, fourth left, rang the New York Stock Exchange opening bell on Thursday to celebrate his company’s IPO.

Photo: Courtney Crow/Associated Press

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