It looked like the selling would take over again in the new week but for now, we’re seeing a bit of a pause as investors seek some breathing room. European indices were marked lower at the open but are now holding slightly in positive territory, though US futures are still lagging.
- Eurostoxx +0.3%
- Germany DAX +0.3%
- France CAC 40 +0.4%
- UK FTSE +0.1%
- S&P 500 futures -0.2%
- Nasdaq futures -0.3%
- Dow futures -0.1%
For European stocks, they took quite a beating last week so the gains here are not anything too significant. It just points to a bit of exhale before we get to Wall Street later in the day.