European equities mostly higher at the open today
Eurostoxx +0.3%Germany DAX -0.3%France CAC 40 +1.3%UK FTSE +0.7%Spain IBEX flatItaly FTSE MIB -0.2%The world's biggest luxury group, LVMH, posted a 10% rise in Q4 sales and that is helping to give the French index a boost. But overall equities sentiment is more reflected in the decline in German stocks, with US futures also keeping lower. S&P 500 futures are down 0.4% while Nasdaq futures are down 0.8% as tech shares lead the drop. That owes to Intel's softer Q1 guidance after its earnings call overnight. This article was written by Justin Low at www.forexlive.com.
- Eurostoxx +0.3%
- Germany DAX -0.3%
- France CAC 40 +1.3%
- UK FTSE +0.7%
- Spain IBEX flat
- Italy FTSE MIB -0.2%
The world's biggest luxury group, LVMH, posted a 10% rise in Q4 sales and that is helping to give the French index a boost. But overall equities sentiment is more reflected in the decline in German stocks, with US futures also keeping lower. S&P 500 futures are down 0.4% while Nasdaq futures are down 0.8% as tech shares lead the drop. That owes to Intel's softer Q1 guidance after its earnings call overnight.
