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Global Stocks Tick Higher Ahead of Inauguration

01/20/2021 | 03:59am EDT

Global stocks and U.S. stock futures ticked higher ahead of Joe Biden's inauguration as president.

Futures tied to the S&P 500 edged up 0.2%. Contracts on the Nasdaq-100 added 0.6%.

In Europe, the Stoxx Europe 600 gained 0.3% in morning trade. Industrials and energy sectors led gains while health care and utilities sectors lost ground.

Shares of Kion Group jumped 2.8% snapping a three-day losing streak and Rotork rose 2.5%.

John Wood Group slipped 3% for a two-session losing streak.

The FTSE 100, which is dominated by large international businesses, climbed 0.1%.

Other stock indexes in Europe also mostly climbed as France's CAC 40 added 0.2%, U.K.'s FTSE 250 climbed 0.4%, and Germany's DAX added 0.3%.

The Swiss franc and the British pound strengthened 0.2% and 0.3% respectively against the U.S. dollar and the euro was flat against the dollar, with 1 euro buying $1.21.

In commodities, international benchmark Brent crude oil was up 0.8% to $56.36 a barrel. Gold was also up 0.7% to $1,853.50 a troy ounce.

The German 10-year bund yield held steady and the yield on 10-year U.K. government debt known as gilts fell to 0.289% from 0.291%. The 10-year U.S. Treasury yield was flat. Yields move inversely to prices.

Stocks in Asia were mixed as Hong Kong's Hang Seng gained 0.9% and China's benchmark Shanghai Composite rose 0.5%, whereas Japan's Nikkei 225 index was down 0.4%.

An artificial-intelligence tool was used in creating this article.

(END) Dow Jones Newswires

01-20-21 0359ET

Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / EURO (AUD/EUR) -0.07% 0.62214 Delayed Quote.-0.71%
CAC 40 1.18% 6609.31 Real-time Quote.17.66%
CANADIAN DOLLAR / EURO (CAD/EUR) -0.01% 0.674168 Delayed Quote.4.94%
DAX 0.33% 15570.36 Delayed Quote.13.50%
DJ INDUSTRIAL -0.36% 34930.93 Delayed Quote.14.83%
EURO / BRITISH POUND (EUR/GBP) 0.02% 0.8518 Delayed Quote.-4.43%
FTSE 100 0.29% 7016.63 Delayed Quote.8.29%
FTSE MID 250 INDEX 0.57% 23006.45 Delayed Quote.11.66%
HANG SENG 1.55% 25426.32 Real-time Quote.-6.63%
JOHN WOOD GROUP PLC -0.05% 218.5 Delayed Quote.-29.53%
LONDON BRENT OIL -0.08% 74.66 Delayed Quote.44.49%
MSCI UNITED KINGDOM (STRD) 0.10% 1140.044 Real-time Quote.10.42%
NASDAQ 100 0.41% 15018.099058 Real-time Quote.17.36%
NASDAQ COMP. 0.70% 14762.584267 Real-time Quote.15.15%
NIKKEI 225 -1.39% 27581.66 Real-time Quote.1.92%
ROTORK PLC -0.06% 359.8 Delayed Quote.13.21%
S&P 500 -0.02% 4400.64 Delayed Quote.17.74%
S&P GSCI CRUDE OIL INDEX 0.54% 396.4703 Delayed Quote.47.67%
S&P UNITED KINGDOM (PDS) 0.19% 1397.1 Delayed Quote.8.89%
S&P/CITIC 300 INDEX -0.04% 4286.11 Delayed Quote.-7.13%
S&P/CITIC 50 INDEX -0.05% 4068.01 Delayed Quote.-14.03%
STOXX EUROPE 600 0.67% 461.7 Delayed Quote.14.94%
WTI -0.07% 72.318 Delayed Quote.49.57%
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