The yield on 10-year U.S. Treasurys climbed.
U.S. stock futures edged down ahead of new-home sales figures, and as investors watched to see whether struggling China Evergrande Group would make a keydollar-bond payment.
S&P 500 futures fell 0.2% and futures tied to the Dow Jones Industrial Average slipped 0.1%. The contracts don’t necessarily predict movements after the opening bell.
Europe stocks declined Friday after a three-day winning streak. The Stoxx Europe 600 was lower 0.5% in morning trade. Consumer staples and communication services sectors led the losses while health care and information technology sectors rose.
The U.K.’s FTSE 100, which is dominated by large international businesses, shed 0.3%. Other stock in Europe also mostly slipped as France’s CAC 40 fell 0.6%, the U.K.’s FTSE 250 lost 0.4%, and Germany’s DAX was down 0.7%.
The Swiss franc, the euro and the British pound were flat against the dollar.
In commodities, international benchmark Brent crude rose 0.2% to $76.64 a barrel. Gold was also up 0.2% to $1,753.00 a troy ounce.
German 10-year bund yields were up to minus 0.236% and the yield on 10-year U.K. government debt known as gilts gained to 0.846%. 10-year U.S. Treasury yields were up to 1.438% from 1.408%. Yields move inversely to prices.
Stocks in Asia were mixed as Japan’s Nikkei 225 index gained 2.1%, whereas Hong Kong’s Hang Seng was flat, declining 0.1% after falling 0.7% and China’s benchmark Shanghai Composite lost 0.8%.