U.S. equity-index futures gained and European shares pared losses while the yen weakened and soybeans declined. Spanish and Italian bonds fell as the regionâ€™s finance ministers prepared to meet to discuss aid to Cyprus and Greece.
Standard & Poorâ€™s 500 Index futures climbed 0.3 percent at 10:10 a.m. in London. The Stoxx Europe 600 Index dropped 0.1 percent, trimming this yearâ€™s gain to 2.7 percent. Novo Nordisk A/S plunged the most in almost four years after failing to win U.S. approval for a new insulin. Italyâ€™s 10-year bond yield rose three basis points to 4.58 percent, approaching a two-month high. The yen weakened against all its major peers, falling 0.8 percent versus the euro. Soybeans declined 1.1 percent.