European indices open lower to start December as risk aversion kicks in

  • A more defensive mood grips markets as we get things going in the new month
Stocks Equities Europe IL
  • Eurostoxx -0.4%
  • Germany DAX -0.5%
  • France CAC 40 -0.5%
  • UK FTSE -0.3%
  • Spain IBEX -0.2%
  • Italy FTSE MIB -0.5%

The drop here matches up with the mood in US futures, with S&P 500 futures lower by 0.6% currently. Tech shares are leading losses in US futures, with Nasdaq futures down 0.8% at the moment. With month-end flows and the Thanksgiving holidays out of the way, market players are back to resuming the caution that we saw from two weeks back. While not the main thing, a more hawkish BOJ today is also a bit of a culprit. That not to mention the intensified selling in cryptocurrencies, with Bitcoin now down to $86,640.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access