Equities in Europe are virtually flat after decent start to proceedings
- Eurostoxx +0.02%
- Germany's DAX +0.10%
- UK FTSE +0.03%
- France's CAC 40 -0.01%
Stocks are giving back early gains, and that's softening risk assets in the market as well. While oil is still higher on the day, WTI has fallen to $62.06 now after having posted a high of $62.53 earlier in the day here.
The drag on the DAX is consumer discretionary, led by the automobile sector - in particular Daimler AG whose shares are down 1.8% on the day after earlier reports surfaced over the weekend that mentioned the carmaker used software to pass US emissions tests.
