European indices hold slightly higher at the balance to start the day

  • There is still plenty of caution up in the air after the selloff yesterday
  • Eurostoxx +0.3%
  • Germany DAX +0.3%
  • France CAC 40 +0.4%
  • UK FTSE -0.1%
  • Spain IBEX -0.1%
  • Italy FTSE MIB +0.1%

The opening gains yesterday were fleeting but so far, we're not getting much of that yet today. US futures are also a little higher with S&P 500 futures up 0.2% currently. All that being said, the light bounce today is a shallow one and there's a feeling that selling pressures can creep back in at any time. That especially as we get closer to the Wall Street open later.

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