U.S. stock futures ticked higher after the S&P 500 closed out January with a 5.3% drop, its worst monthly performance since March 2020.
Futures on the S&P 500 gained 0.2% and futures tied to the Dow Jones Industrial Average were up 0.2%. The contracts don’t necessarily predict market moves after the markets open.
European stocks climbed Tuesday for a two-session winning streak. The Stoxx Europe 600 added 1% in morning trade. Financials and consumer discretionary sectors led gains while the healthcare sector lost ground.
Carnival jumped 2.1% for a two-day run of gains and Intermediate Capital Group rose 2.5%.
The U.K.’s FTSE 100, which is dominated by large international businesses, gained 0.7%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 0.9%, the U.K.’s FTSE 250 rose 0.9% and Germany’s DAX added 1%.
The Swiss franc, the euro and the British pound strengthened 0.3%, 0.9% and 0.5% respectively against the dollar.
In commodities, international benchmark Brent crude was up 0.1% to $89.35 a barrel. Gold was also up 0.5% to $1,805.00 a troy ounce.
German 10-year bund yields gained to 0.020% and 10-year U.K. government debt known as gilts yields slipped to 1.305%. The yield on 10-year U.S. Treasury strengthened to 1.791% from 1.780%. Bond yields and prices move inversely.
In Asia, Japan’s Nikkei 225 index rose 0.3%.
The Fearless Girl statue in front of the New York Stock Exchange, Jan. 31, 2022.
Photo: Spencer Platt/Getty Images
—An artificial-intelligence tool was used in creating this article.
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