Thu. Dec 8th, 2022

U.S. stock futures slipped ahead of the Federal Reserve’s ”beige book” report on the state of the economy.

S&P 500 futures edged down 0.1% and futures tied to the Dow Jones Industrial Average shed 0.1%. The contracts don’t necessarily predict moves after the markets open.

Europe stocks climbed Wednesday for a two-day winning streak.

The Stoxx Europe 600 added 0.4% in morning trade, and it is at its highest level in a year. Financials and healthcare sectors led gains while communication services and utilities sectors lost ground.

The U.K.’s FTSE 100, which is dominated by large international businesses, rose 0.6%. Other stock indexes in Europe also mostly climbed as France’s CAC 40 gained 0.4%, U.K.’s FTSE 250 rose 0.4% and Germany’s DAX added 0.4%.

By rahul