Stocks in Europe climbed a second day and U.S. index futures were mixed as a slew of corporate earnings took the focus off concerns about the economic impact of coronavirus flareups. Treasuries were steady and the dollar strengthened.
Travel and leisure headed a broad-based advance in the Stoxx Europe 600 index at the open. ASML Holding NV and Novartis AG were among the biggest gainers after positive earnings reports. SAP SE and Daimler AG declined, with the latter cutting sales forecasts due to the global chip shortage. Contracts on the S&P 500 edged higher and those on the Nasdaq 100 fluctuated after bargain hunters helped the S&P 500 to all but erase Monday’s slide in a rally led by cyclicals such as industrial stocks.
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July 21, 2021 at 05:10AM
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Stock Market Today: Dow, S&P Live Updates for Jul. 21, 2021 - Bloomberg
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