Eurostoxx futures -0.5% in early European trading

  • The drag carries over to Europe as we look to start the session
Stocks Equities Europe IL
  • German DAX futures -0.5%
  • UK FTSE futures -0.1%

German and French stocks were the laggards yesterday while Wall Street saw broader selling across the board, though tech shares were the ones leading the rout. The Nasdaq closed down by 2% with the likes of Nvidia sliding by nearly 4% and Palantir 8%. The selloff reverberated to Asia today with the Nikkei ending lower by 2.5% but staving off a drop below 50,000 at least. For now, risk appetite is seen improving a little but there's still much caution up in the air. S&P 500 futures are down 0.1% but were down as much as 0.8% earlier in the day in Asia.

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