Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Mixed Trends in U.S. Futures Ahead of Market Opening

Published 10/23/2023, 06:22 PM
© Reuters.
UK100
-
US500
-
FCHI
-
DE40
-
STOXX50
-
LCO
-
CL
-
SX7P
-

U.S. futures showed a mixed trend as markets prepared to open on Monday, with S&P 500 futures seeing a marginal increase and Dow futures remaining flat. European markets also varied, with Stoxx Europe 600 unchanged, gains for Getinge Series B and Wallenstam Series B, and losses for Adevinta and Schibsted. The FTSE 100 experienced a slight dip, while France's CAC 40 and Germany's DAX registered minor gains.

The Wall Street Journal Dollar Index rose to 100.53, indicating a strengthening of the U.S. dollar. Bond yields for the German 10-year Bund and U.S. Treasury increased by several basis points, reflecting an uptick in borrowing costs.

Meanwhile, Asian markets declined with Japan's Nikkei and China's Shanghai Composite experiencing falls. Hong Kong markets remained closed.

In the commodities market, barrel prices for Brent crude and WTI crude dropped, pointing towards a decrease in energy costs. This drop in oil prices could potentially impact energy stocks and the broader market sentiment.

This mixed performance across global markets reflects ongoing uncertainties and varied investor sentiments in different regions. As financial markets continue to react to global events and economic indicators, investors will be closely monitoring these trends for potential impacts on their portfolios.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.