Eurostoxx futures -0.2% in early European trading

  • A more tepid mood as the upside momentum takes a breather
  • German DAX futures -0.1%
  • UK FTSE futures flat

This mirrors the mood in US futures a little, though the drag there is mostly to do with tech shares. Nasdaq futures are down 0.4% after investors are reacting negatively to Tesla and Netflix earnings, while S&P 500 futures are down 0.2%. Dow futures are flat though, so that reflects the more tepid mood ahead of European trading as well.

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