Stock Futures Edge Up Ahead of Bank Earnings

Stock Futures Edge Up Ahead of Bank Earnings

Jan. 14, 2022 3:33 am ET













U.S. stock futures edged up ahead of earnings reports from major banks that could offer insight into the impact of the Omicron variant on the economy.



S&P 500 futures were up 0.3% and Dow Jones Industrial Average futures rose 0.3%. Changes in equity futures don’t necessarily predict movements after the opening bell.



European stocks declined Friday for a two-day losing streak. The Stoxx Europe 600 was down 0.8% in morning trade. Consumer discretionary and utilities sectors led the losses while the real-estate sector rose.



Delivery Hero

fell 4.4% for a three-session losing streak and

Marks and Spencer Group

slipped 2.1%.







The U.K.’s FTSE 100 lost 0.4%. Other stock indexes in Europe also mostly fell as France’s CAC 40 was lower 0.9%, the U.K.’s FTSE 250 shed 0.5% and Germany’s DAX was lower 0.7%.



The Swiss franc, the euro and the British pound strengthened 0.1%, 0.3% and 0.2% respectively against the U.S. dollar.



In commodities, Brent crude gained 0.5% to $84.87 a barrel. Gold also strengthened 0.4% to $1,827.90 a troy ounce.



German 10-year bund yields rose to minus