European stocks fall back at the open today

• Eurostoxx -0.9%
• Germany DAX -1.0%
• France CAC 40 -0.6%
• UK FTSE -0.3%
• Spain IBEX -1.0%
• Italy FTSE MIB -1.3%

This takes away a chunk of the gains from yesterday and creates a bit of a nervy situation going into the end to February trading tomorrow. Trump threatening tariffs is certainly a factor as he said that: “We’ll be announcing it (EU tariffs) very soon. It’ll be 25% generally speaking and that will be on cars and all other things.”

But the mood is somewhat helped by US futures at least keeping afloat today. S&P 500 futures are up 0.4%, Nasdaq futures up 0.4%, and Dow futures up 0.3%. Tech shares are the standout though, following Nvidia’s earnings beat overnight.

This article was written by Justin Low at www.forexlive.com.