U.S. futures for the S&P 500 were up 2.8% and futures for the Dow Jones Industrial Average rose 2.2%. Changes in futures do not necessarily predict movements after the opening bell.
In Europe, the Stoxx Europe 600 gained 1.2% in morning trading. A.P. Moeller-Maersk B added 11.4% and Glencore climbed 7%. On the other hand, Novo Nordisk Series B sunk 7.7%, and Genmab fell 7.5%. The FTSE 100 added 0.7%. Other stocks in Europe were up as France's CAC 40 increased 1.4% and Germany's DAX climbed 1.7%.
The Wall Street Journal Dollar Index climbed 0.8% to 97.41.
In commodities, Brent crude climbed 2.7% to $65.61 a barrel, and WTI crude climbed 2.9% to $62.79 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was up 3.1% to 35.69 euros a megawatt hour.
The German 10-year Bund yield rose by 5 basis points to 2.616% from 2.561%, and the yield on the 10-year U.S. Treasury climbed by 5 basis points to 4.442% from 4.389%. Bond prices and yields move in opposite directions.
Stocks in Asia were up as Japan's Nikkei 225 index climbed 0.4%, and Hong Kong's Hang Seng climbed 3.1%. China's benchmark Shanghai Composite gained 0.8%.
-This article was automatically generated by MarketWatch.
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(END) Dow Jones Newswires
May 12, 2025 03:33 ET (07:33 GMT)
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