U.S. stock futures climbed on Tuesday, suggesting the major indexes will notch gains for a second day.
S&P 500 futures and Dow Jones Industrial Average futures gained 0.8%. Contracts linked to the tech-heavy Nasdaq-100 index also advanced 0.8%. Changes in futures don't necessarily predict movements after the opening bell.
Silver futures edged down over 5%, giving up some of the gains posted on Monday. To curb volatility in the market, the Chicago Mercantile Exchange increased margin requirements for the metal, effective Tuesday.
Elsewhere in commodities, Brent crude was up 1.2% to $57.03 a barrel. Gold slipped 0.8% to $1,849.00 a troy ounce.
Overseas, European stocks advanced for a two-session run of gains. The Stoxx Europe 600 climbed almost 1%. Industrials and real-estate sectors led gains while energy and health care sectors lost ground.
Among European equities, Airbus added 3.6% and Repsol rose 2.1%. BP declined 3.2%, posting its fourth consecutive session of declines.
The U.K.'s FTSE 100 rose 0.3%.
The Swiss franc, the euro and the British pound strengthened 0.2%, 0.2% and 0.3% respectively against the U.S. dollar.
German 10-year bund yields rose to minus 0.493% from minus 0.513% and 10-year gilts yields strengthened to 0.352% from 0.323%. The 10-year U.S. Treasury yield rose to 1.097% from 1.078%. Yields move inversely to prices.
Stocks in Asia mostly climbed. Hong Kong's Hang Seng gained 1.2%, Japan's Nikkei 225 index rose 1%, and China's benchmark Shanghai Composite gained 0.8%.
-- An artificial-intelligence tool was used in creating this article.
(END) Dow Jones Newswires
02-02-21 0400ET
