Advertisement
UK markets closed
  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     
  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     
  • AIM

    771.53
    +3.42 (+0.45%)
     
  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     
  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    50,771.48
    +575.78 (+1.15%)
     
  • CMC Crypto 200

    1,325.71
    +48.73 (+3.82%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +450.02 (+1.18%)
     
  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     
  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    18,001.60
    +105.10 (+0.59%)
     
  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     

US STOCKS-Futures track global markets lower as bond rout continues

* Futures down: Dow 76 pts, S&P 9 pts, Nasdaq 19 pts

By Tanya Agrawal

May 7 (Reuters) - U.S. stock index futures were lower on Thursday, following global markets, as the global bond rout continued and ahead of the release of weekly jobless claims numbers.

* World financial markets were unsettled again as the week-long sell-off in bonds, stocks and the dollar and a race up in oil prices showed little sign of relenting.

* The euro hit a ten-week peak, tracking European bond yields higher and benefiting from a sell-off in the dollar.

* U.S. Treasuries fell on Wednesday, weighed down by the bond market slide that pushed yields to 2015 peaks.

ADVERTISEMENT

* Fed Chair Janet Yellen's warning on Wednesday of high equity valuations also added pressure to the U.S. stock market as anxiety about interest rates continue.

* At 8:30 a.m. EDT (1230 GMT), the U.S. Labor Department will release jobless claims figures, which is expected to show new applications likely picked up last week.

* U.S. private employers added far fewer jobs last month than economists expected, posing a downside risk for the more comprehensive nonfarm payrolls report due on Friday.

* Alibaba's shares jumped 7.5 percent to $86 in premarket trading as the Chinese e-commerce giant reported a better-than-expected rise in quarterly revenue.

* Tesla shares were down 4.7 percent at $219.61 after it reported a wider quarterly loss and said the strong dollar would crimp gross margins.

* Lumber Liquidators (NYSE: LL - news) shares fell 6.3 percent to $25.50 after CNBC reported that the hardwood retailer is halting sales of all its Chinese laminate flooring.

* Whole Foods slid 12.9 percent to $41.54 after reporting a slowdown in quarterly same-store sales growth.

Futures snapshot at 7:21 a.m. EDT (1121 GMT)

* S&P 500 e-minis were down 8.75 points, or 0.42 percent, with 210,471 contracts changing hands.

* Nasdaq 100 e-minis were down 19 points, or 0.43 percent, in volume of 36,676 contracts.

* Dow e-minis were down 76 points, or 0.43 percent, with 36,556 contracts traded. (Reporting by Tanya Agrawal; Editing by Savio D'Souza)