US equity futures followed global indexes higher ahead of services figures and a private employment report.
S&P 500 futures were up 0.6% and Dow Jones Industrial Average futures gained 0.6%. Contracts do not necessarily predict movements after the markets open.
European stocks climbed Wednesday for a three-game winning streak.
The Stoxx Europe 600 rose 0.6% in morning trading. The consumer staples and information technology sectors led the gains while the real estate sector lost ground.
Micro Focus International jumped 12.6% for a series of three-day gains.
The UK’s FTSE 100 added 0.9%. Other stock market indices in Europe also rose mainly, with the French CAC 40 rising 0.7%, the FTSE 250 0.6% and the German DAX 0.8%.
The Swiss franc fell 0.2% against the US dollar, with 1 franc buying $ 1.09. The euro was stable against the US dollar, with 1 euro buying $ 1.21. The British pound gained 0.1% against the dollar, with 1 pound buying $ 1.40.
In commodities, the international benchmark Brent rose 0.4% to $ 62.95 a barrel. Gold slipped 0.4% to $ 1,727.10 per troy ounce.
The yield on 10-year German bunds fell to minus 0.344% and the yield on 10-year gilts strengthened to 0.704%. Yields on 10-year U.S. Treasuries rose to 1.423% from 1.413% on Tuesday. Yields move inversely with prices.
In Asia, the indices rose above all, with the Hong Kong Hang Seng gaining 2.4%, Japan’s Nikkei 225 index by 0.5% and China’s benchmark Shanghai Composite by 1. 9%.
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(END) Dow Jones News Wire
March 3, 2021 at 3:59 am ET (8:59 am GMT)
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