U.S. equity futures gained as strong earnings from tech majors Alphabet Inc. and Microsoft Corp. after the Wall Street close offered investors some reassurance amid continued concerns over the health of the economy.
In Europe, the regional stock benchmark declined amid disappointing earnings. Software producer Dassault Systemes sank more than eight per cent after missing revenue estimates. Dutch chip-tool maker ASM International slumped more than 10 per cent after offering a tepid outlook for the rest of the year. Roche Holding AG retreated even as its first-quarter sales exceeded expectations. Beats from Standard Chartered Plc and Sweden's SEB AB failed to bolster sentiment.
Treasuries were little changed after the benchmark 10-year yield fell nine basis points Tuesday and the policy-sensitive two-year yield dropped 13 basis points. A gauge of the dollar declined. Bonds in Europe gained, with Sweden's 10-year yield falling about 7 basis points after a much-anticipated Riksbank rate increase.Worries over U.S.