The Trading Room

Stock Futures Bounce

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by

Joe Rios
in

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WORLD HEADLINES – European stocks tracked gains across most Asian equities as global markets steadied in the wake of Monday’s Turkey-induced turmoil. The dollar slipped from its highest in 14 months and Treasuries fell.

STOCKS – The Stoxx Europe 600 Index climbed alongside futures for the S&P 500, Dow Jones and Nasdaq, while the euro edged lower and European peripheral debt rebounded as a degree of calm returned to Turkish markets.

BONDS – The yield on 10-year Treasuries gained two basis points to 2.90 percent, the largest gain in a week.

COMMODITIES – West Texas Intermediate crude climbed 1 percent to $67.88 a barrel, the highest in a week.

CURRENCIES – The Japanese yen sank 0.3 percent to 111.02 per dollar, the biggest dip in two weeks.

ECONOMIC DATA – N/A

 

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