Provided by Dow Jones
By Caitlin Ostroff and Joanne Chiu U.S. stock futures were little changed after major indexes hit records a day earlier and investors got ready for a slew of blue-chip earnings. Futures tied to the S&P 500 wavered between gains and losses, indicating the benchmark gauge may open flat after notching a record high Monday. Futures for the technology-focused Nasdaq-100 index declined 0.2% and contracts tied to the Dow Jones Industrial Average edged 0.1% lower. This week marks the height of earnings season, with Verizon, General Electric, 3M, Raytheon Technologies, American Express and Lockheed Martin due to report quarterly earnings before the opening bell Tuesday. Starbucks, Microsoft and Texas Instruments will release results after markets close. Major tech firms, including Apple, Tesla and Facebook, will update investors Wednesday.
ECB expected to expand and extend stimulus Uncertainly remains over U.S. stimulus
LONDON, Dec 10 (Reuters) - Bets on more European Central Bank stimulus kept Europe’s main stock markets and the euro steady on Thursday, but Britain’s pound saw its biggest drop in almost a month after overnight Brexit talks turned sour.
It had been a mixed session for Asia amid a surge in coronavirus cases and the ejection of some Chinese stocks from S&P Dow Jones’ indices, so there was little surprise when Europe struggled to add to recent highs.
The pan-European STOXX 600 index was flat, though London’s FTSE 100 did score its eighth straight gain as the Brexit uncertainty pushed the pound down 0.8% to just under $1.33 and 90.95 pence per euro.
Bets on more European Central Bank stimulus kept Europe's main stock markets and the euro steady on Thursday, but Britain's pound saw its biggest drop in almost a month after overnight Brexit talks turned sour.
European markets keep steady on ECB stimulus expectation But the pound saw its biggest drop in almost a month after Brexit talks on Wednesday night were unsuccessful 10 December 2020 - 12:56 Marc Jones The headquarters of the European Central Bank are pictured in Frankfurt, Germany, July 8, 2020. REUTERS/RALPH ORLOWSKI
London Bets on more European Central Bank (ECB) stimulus kept Europe’s main stock markets and the euro steady on Thursday, but the pound saw its biggest drop in almost a month after overnight Brexit talks turned sour.
It had been a mixed session for Asia amid a surge in coronavirus cases and the ejection of some Chinese stocks from S&P Dow Jones’ indices, so there was little surprise Europe struggled to add to recent highs.