U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell.

In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Akzo Nobel added 16.4% and Rockwool Series B rose 4.4%. On the other hand, Naturgy Energy Group slipped 4.1%, and Capgemini dropped 3.2%. The FTSE 100 was flat. Other stocks in Europe were up as France's CAC 40 increased 0.4% and Germany's DAX rose 0.5%.

The Wall Street Journal Dollar Index was flat at 95.75.

In commodities, Brent crude dropped 2.2% to $94.51 a barrel, and WTI crude dropped 2.7% to $91.37 a barrel. The European benchmark price for natural gas, the Dutch futures contract TTF, was down 2.2% to 46.41 euros a megawatt hour.

The German 10-year Bund yield fell by 2 basis points to 2.961% from 2.98%, and the yield on the 10-year U.S. Treasury declined by 2 basis points to 4.475% from 4.493%. Bond prices and yields move in opposite directions.