Eurostoxx +0.3%Germany DAX +0.1%France CAC 40 +0.5%UK FTSE +0.9%Spain IBEX +0.5%Italy FTSE MIB +0.3%
The selloff in tech shares yesterday weren’t too impactful for European indices, as they are less concentrated in that area in general. And the rotation into the Dow is arguably a net positive reflection for European stocks at the balance. In any case, US futures are pointing to a calmer mood as well with S&P 500 futures up 0.3% and Nasdaq futures up 0.6% currently. For French stocks, the consolidation phase continues after the June plunge:
This article was written by Justin Low at www.forexlive.com.
