U.S. futures for the S&P 500 were down 3.2% and futures for the Dow Jones Industrial Average declined 2.5%. Changes in futures do not necessarily predict movements after the opening bell.
In Europe, the Stoxx Europe 600 fell 1.8% in morning trading. Wise added 5.4% and Grifols rose 3.1%. On the other hand, Pandora dropped 13.4%, and Logitech International lost 10.6%. The FTSE 100 lost 1.3%. Other stocks in Europe were down as France’s CAC 40 decreased 2.2% and Germany’s DAX fell 2.4%.
The Wall Street Journal Dollar Index dropped 0.6% to 98.65.
In commodities, Brent crude dropped 3.3% to $72.48 a barrel, and WTI crude dropped 3.5% to $69.21 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was down 2.6% to 40.17 euros a megawatt hour.
The German 10-year Bund yield fell by 7 basis points to 2.653% from 2.722%, and the yield on the 10-year U.S. Treasury declined by 6 basis points to 4.07% from 4.127%. Bond prices and yields move in opposite directions.
Stocks in Asia were down as Japan’s Nikkei 225 index dropped 2.8%, and Hong Kong’s Hang Seng fell 1.6%. China’s benchmark Shanghai Composite declined 0.2%.
-This article was automatically generated by MarketWatch.
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(END) Dow Jones Newswires
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