European stocks keep lower at the open to start the new week

  • A more tepid mood for equities as we get things going in Europe
Stocks Europe Frankfurt
  • Eurostoxx -0.4%
  • Germany DAX -0.5%
  • France CAC 40 -0.4%
  • UK FTSE -0.2%
  • Spain IBEX -1.2%
  • Italy FTSE MIB -0.5%

The negative mood is not helped by US futures, which have also slipped further to start the session. S&P 500 futures are now down 0.3% on the day but that just eats a little into the gains on Friday. In Europe, Spanish stocks are lagging on BBVA's latest deal sweetener in their takeover bid of Sabadell. The former is down nearly 2% with the latter down 4% as we get things going on the session.

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