In the U.S., futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.9% in morning trading. Credit Suisse Group rose 28% and MorphoSys added 11.7%. On the other hand, Grand City Properties dropped 11.9%, and IWG lost 3.7%. The FTSE 100 added 1%. Other stocks in Europe were up as France's CAC 40 increased 1.1% and Germany's DAX rose 1.2%.

The Wall Street Journal Dollar Index fell 0.4% to $97.43.

In commodities, Brent crude climbed 1% to $74.43 a barrel, and WTI crude rose 1% to $68.27 a barrel.

The German 10-year Bund yield rose by 10 basis points to 2.225% from 2.125%, and the yield on the 10-year U.S. Treasury climbed by 1.5 basis points to 3.481% from 3.466%. Bond prices and yields move in opposite directions.

Stocks in Asia were down as Japan's Nikkei 225 index fell 0.8%, and Hong Kong's Hang Seng declined 1.7%. China's benchmark Shanghai Composite declined 1.1%.


-This article was automatically generated by MarketWatch.


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(END) Dow Jones Newswires

03-16-23 0451ET