U.S. stock futures fell as investors considered disappointing results from Facebook parent Meta Platforms and ahead of a flurry of data including jobless applications and services figures.
S&P 500 futures declined 0.8% and futures tied to the Dow Jones Industrial Average fell 0.1%. Contracts on the tech heavy Nasdaq-100 dropped 1.9%. Changes in equity futures don’t necessarily predict market moves after the markets open.
In Europe, the Stoxx Europe 600 lost 0.3% in morning trade. Financials and communication services sectors drove the losses while consumer discretionary and energy sectors rose.
Compass Group climbed 6% and Playtech rose 10.3%. Banco Bilbao Vizcaya Argentaria slipped 2.7% and Marks and Spencer Group declined 2.2%.
The U.K.’s FTSE 100 traded broadly flat and gained 0.1%. Other stock indexes in Europe also mostly fell as France’s CAC 40 was down 0.1%, the U.K.’s FTSE 250 shed 0.1% and Germany’s DAX was lower 0.3%.
The Swiss franc slipped 0.3% against the U.S. dollar, with 1 franc buying $1.09 whereas the euro and the British pound strengthened 0.2% against the dollar.
In commodities, international benchmark Brent crude was flat, at $89.47 a barrel. Gold declined 0.4% to $1,803.40 a troy ounce.
German 10-year bund yields were up to 0.044% and the yield on U.K. 10-year gilts was up to 1.267%. 10-year U.S. Treasury yields were up to 1.775% from 1.765%. Yields move inversely to prices.
In Asia, Japan’s Nikkei 225 index was down 1.1%. Markets in China were closed.
A trader worked on the floor of the New York Stock Exchange on Wednesday.
Photo: Allie Joseph/Associated Press
—An artificial-intelligence tool was used in creating this article.
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