European indices open lower as the market mood remains cautious

  • The early selloff has eased but the coast isn't clear yet
Stocks down
  • Eurostoxx -0.5%
  • Germany DAX -0.6%
  • France CAC 40 -0.5%
  • UK FTSE -0.2%
  • Spain IBEX -0.5%
  • Italy FTSE MIB -0.4%

The risk appetite has picked up since the depths of Asia trading, with S&P 500 futures also trimming losses to just 0.1% on the day. For some context, they were down as much as 0.8% at the lows earlier on. Tech shares remain vulnerable, with Palantir's near 8% plunge yesterday reverberating across Wall Street. For now, things are kept in check but the danger isn't over yet. In other markets, Bitcoin is also managing to stave off a firm break under $100,000 so that's also helping a little - at least for now.

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