Standard & Poor’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 year’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. Italy’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.
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U.S. Stock Futures Gain as Spain Bonds Fall; Yen Weakens
Standard & Poor’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 year’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. Italy’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.
