Tuesday, March 28, 2023
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European Stocks Rise Ahead of US Inflation Data

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In the U.S., futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading. Coca-Cola HBC climbed 3.7% and Millicom Intl Cellular added 2.7%. On the other hand, Orpea lost 17.1%, and Orkla dropped 7.3%. The FTSE 100 added 0.4%. Other stocks in Europe were up as France’s CAC 40 gained 0.2% and Germany’s DAX rose 0.1%.

The Wall Street Journal Dollar Index fell 0.1% to 96.09.

In commodities, Brent crude fell 0.6% to $86.07 a barrel, and WTI crude fell 1% to $79.32 a barrel.

The German 10-year Bund yield fell by 4 basis points to 2.331% from 2.371% and the yield on the 10-year U.S. Treasury declined by 1.6 basis points to 3.689% from 3.705%. Bond prices and yields move in opposite directions.

Stocks in Asia were mixed as Japan’s Nikkei 225 index gained 0.6%, whereas Hong Kong’s Hang Seng was lower 0.2%. China’s benchmark Shanghai Composite climbed 0.3%.

-This article was automatically generated by MarketWatch.

Write to Barcelona Editors at barcelonaeditors@dowjones.com

Credit: marketwatch.com

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