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The Wall Street Publication > Blog > Markets > Stock Futures Waver to Close Out the Month
Markets

Stock Futures Waver to Close Out the Month

Editorial Board Published January 31, 2022
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Stock Futures Waver to Close Out the Month
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Jan. 31, 2022 3:40 am ET

U.S. stock futures were little changed on January’s last day of trading, a month that saw indexes pull back from highs amid a focus on corporate earnings and an expectation for higher interest rates.

Futures on the S&P 500 were flat and futures tied to the Dow Jones Industrial Average edged down 0.1%. Changes in futures don’t necessarily predict market moves after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.9% in morning trade. Financials and consumer discretionary sectors led gains while materials and healthcare sectors lost ground.

The U.K.’s FTSE 100 gained 0.3%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.6%, the U.K.’s FTSE 250 added 0.8% and Germany’s DAX gained 1.1%.

The euro and the British pound were up 0.2% and 0.3% respectively against the U.S. dollar and the Swiss franc was flat against the dollar, with 1 franc buying $1.07.

In commodities, Brent crude was up 0.9% to $89.36 a barrel. Gold also gained 0.1% to $1,789.00 a troy ounce.

The yield on German 10-year bunds strengthened to minus 0.033% and the U.K. 10-year gilts yield declined to 1.246%. 10-year U.S. Treasury yields were unchanged at 1.779%. Yields move inversely to prices.

Stocks in Asia climbed as Hong Kong’s Hang Seng climbed 1.1% and Japan’s Nikkei 225 index gained 1.1%.

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

Photo: Allie Joseph/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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