(April 16) Global stocks hit record highs on Friday and U.S. futures were steady as a string of positive economic figures from America and China highlighted the strength of the recovery. Oil gained.
At 04:12 a.m. ET, Dow E-minis were up 7 points, or 0.02%, S&P 500 E-minis were down 3 points, or 0.07% and Nasdaq 100 E-minis were down 41.25 points, or 0.29%.
Blockchain stocks fell in premarket trading.
Xpeng rose more than 1%. XPeng establishes a long-term strategic partnership with Zhongsheng Group (OTCPK:ZSHGY) to further accelerate the Smart EV adoption in China.
ARK Investment Management took advantage of Coinbase's uninspiring second day of trading to add more shares to three ETFs.
Cathie Wood's shop has now bought $352M in COIN in two sessions, bringing exposure to more than 1M shares.
It bought 341,186 shares on Thursday, adding 33,092 to the ARK Fintech Innovation ETF (NYSEARCA:ARKF), 25,200 share to the ARK Next Generation Internet ETF (NYSEARCA:ARKW) and 282,894 shares to its flagship ARK Innovation ETF (NYSEARCA:ARKK).
The Bloomberg Dollar Spot Index was little changed.The euro was little changed at $1.1969.The British pound sank 0.3% to $1.3742.The onshore yuan was little changed at 6.524 per dollar.The Japanese yen weakened 0.1% to 108.88 per dollar.
Bonds
The yield on 10-year Treasuries gained one basis point to 1.59%.The yield on two-year Treasuries climbed less than one basis point to 0.16%.Germany’s 10-year yield advanced three basis points to -0.26%.Britain’s 10-year yield jumped three basis points to 0.768%.Japan’s 10-year yield increased one basis point to 0.095%.
Commodities
West Texas Intermediate crude gained 0.2% to $63.59 a barrel.Brent crude gained 0.2% to $67.10 a barrel.Gold was little changed at $1,763.88 an ounce.