U.S. stock futures paused ahead of another wave of corporate earnings updates, a private-sector employment report and services data.
S&P 500 futures traded flat and futures tied to the Dow Jones Industrial Average traded broadly flat. Changes in futures don’t necessarily predict market moves after the opening bell.
European stocks advanced Wednesday for a three-session winning streak. The Stoxx Europe 600 rose 0.5% in morning trade, and is at its highest level in a year. Materials and energy sectors led gains while the utilities sector lost ground.
The U.K.’s FTSE 100 gained 0.4%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 added 0.4%, the U.K.’s FTSE 250 climbed 0.2% and Germany’s DAX gained 0.7%.
The euro and the British pound strengthened 0.1% against the U.S. dollar and the Swiss franc was mostly flat against the dollar, with 1 franc buying $1.11.