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The Wall Street Publication > Blog > Markets > Stock Futures Edge Up Ahead of Next Round of Corporate Reports
Markets

Stock Futures Edge Up Ahead of Next Round of Corporate Reports

Editorial Board Published February 9, 2022
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Stock Futures Edge Up Ahead of Next Round of Corporate Reports
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Updated Feb. 9, 2022 3:35 am ET

U.S. stock futures edged up as earnings reports continue to roll in, with results due Wednesday from Walt Disney, CVS Health and Mattel.

S&P 500 futures rose 0.3% and Dow Jones Industrial Average futures were up 0.2%. The contracts don’t necessarily predict moves after the markets open.

Europe stocks climbed Wednesday for a three-session winning streak. The Stoxx Europe 600 added 1% in morning trade. Consumer discretionary and communication services sectors led gains while the financials sector lost ground.

Barratt Developments jumped 3.8% for a three-day run of gains and Bellway climbed 3.6%.

The U.K.’s FTSE 100, which is dominated by large international businesses, added 0.6%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 1%, the U.K.’s FTSE 250 rose 0.8% and Germany’s DAX gained 0.9%.

The euro slipped 0.2% against the dollar, with 1 euro buying $1.14 whereas the Swiss franc and the British pound strengthened 0.1% against the U.S. dollar.

In commodities, international benchmark Brent crude was down 0.4% to $90.39 a barrel. Gold remained flat, at $1,827.50 a troy ounce.

German 10-year bund yields were down to 0.231% and the yield on 10-year U.K. government debt known as gilts declined to 1.447%. The yield on 10-year U.S. Treasury declined to 1.934% from 1.954%. Bond prices and yields move in opposite directions.

Stocks in Asia mostly climbed as Hong Kong’s Hang Seng added 1.9%, Japan’s Nikkei 225 index rose 1.1% and China’s benchmark Shanghai Composite climbed 0.8%.

Traders worked on the floor of the New York Stock Exchange on Friday.

Photo: David L. Nemec/Associated Press

—An artificial-intelligence tool was used in creating this article.

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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