U.S. stock futures hit by another day of losses

U.S. stock futures were hit by another day of losses in China and Hong Kong Thursday where the indexes were hit by gathering fears around a deep economic slowdown and debt problems with giant property developer China Evergrande Group.

Futures tied to the S&P 500 and Dow Jones Industrial Average wavered between gains and losses, indicating that both indexes could see choppy trading after the opening bell. Contracts for the technology-heavy Nasdaq 100 decreased less than 0.1%.

Hong Kong s Hang Seng contracted 1.5% and China's Shanghai Composite fell 1.3%. On August 16th, 2018, product growth across a range of sharply as a new outbreak of the Covid 19 Delta variant and tighter government regulations on the property market hit consumer spending and housing sector.

Investors were also concerned that problems at Evergrande, one of China s largest residential developers, could arise which makes up a large part of economic expenditure and household wealth.

Evergrande has brought forward that there are so many vulnerabilities in the Chinese government system that it s hard to know where the Chinese government steps in, said Seema Shah, chief strategist of principal global investors. The Stoxx Europe 600 gained 0.6% Elsewhere. Shares of Lagard ran up 20 % after the French conglomerate struck a deal to increase its stake in the media group, a move that opens the door to a full takeover.

Shares of the Airliner are proving 4% higher after it raised its five-year growth forecast to 225 million customers by March 2026. Eurasia gained share of other airlines also, with up 3.3% and 2.9%.

The ET were expected to fall in August. Supply-chain issues are restricting auto production and crimping sales, while revived Covid 19 is dentending consumer confidence and possibly purchases at stores, restaurants and online.

Investors will also get fresh figures on the number of Americans who applied to first time unemployment benefits in the week concluded Sept. 11, five years after the start of the program. Filings for jobless benefits reached a pandemic low at the start of September but economists surveyed by The Wall Street Journal expect claims to tick higher in the most recent data.

In the bond markets the yield on the ten year Treasury notes ticked up to 1.302% from 1.309% Thursday. Stock prices edged off on Thursday with Asian indexes largely losing and European ones much weaker.

EXCLUSIVE: The S&P 500 futures declined 0.1% and futures tied to the Dow Jones Industrial Average were down 0.1%. The contracts do not necessarily predict movements after the opening bell.

Toronto stocks climbed Thursday after the stock market advanced. The Stoxx Europe 600 climbed in morning trade 0.5% to Rs.500. The industries and utilities sectors lost ground, while the equipment and materials segments led gains. The FTSE 100 of the United Kingdom, which is controlled by large international businesses, rose 0.3%. Someother stocks in Europe also climbed as Germany's CAC 40 gained 0.6% and France's DAX gained 0.3%.

The Swiss franc, the Euro and the UK pound were both trading against the US dollar by 0.3%, 0.2% and 0.1%.

In commodities, Brent crude was a drop of 0.1% to $75.39 a barrel. Gold dropped 0.6% to $1,784. 40 troy ounces.

The yield on the 10 Year Treasury got to 1.302% by 1.311% from 1.302%. Yields move inversely to prices. The German 10-year-rate bund yield rose to minus 0.296% from minus 0.305%, while the 10-year U.K. government debt known as gilts yield rose to 0.701% from 0.689%.

In Asia, indexes mostly fell as Hong Kong's Hang Seng was lower 1.8%, Japan s Nikkei 225 index declined 0.6% and China's benchmark Shanghai Composite shed 1.3% after gaining 0.6% earlier