Futures for US Stocks Vary as Qualcomm and Ford Drop – Europe Market Wrap

US stock index futures dipped as poor earnings from heavyweights fuelled investor concerns about US market values.

S&P 500 futures were barely changed, erasing an early advance fuelled by Treasury Secretary Bessent’s statement that the Trump administration is focussing on lowering the 10-year Treasury yield. Contracts on the Nasdaq 100 fell 0.2%.

UK stocks rose as the Pound sank after the BoE cut interest rates, as expected.

In economic news, German industrial orders increased in December, adding to signs that the embattled sector’s outlook is improving. US jobless claims data will also be on traders’ radar today, as the payrolls report is coming tomorrow.

The 10-year Treasury yield rose roughly 2 bps on Thursday, but it remains near a one-month low.