European indices in a better spot to kick start the day
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- Eurostoxx +0.6%
- Germany DAX +0.8%
- France CAC 40 +0.7%
- UK FTSE +0.6%
- Spain IBEX +0.4%
- Italy FTSE MIB +0.4%
After the setback last week, European indices are poised for a rebound this week. French stocks are still lower on the week though but it’s been a great February run for regional equities as a whole regardless. For today, US futures are also sitting higher so that is helping with the mood. S&P 500 futures are up 0.4% as tech shares lead the way with eyes on Nvidia’s earnings after the close. US indices are still down on the week but keep an eye out for the S&P 500 as it is holding off a test of its 100-day moving average of 5,946.
This article was written by Justin Low at www.forexlive.com.
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