- Eurostoxx +0.2%
- Germany DAX +0.2%
- France CAC 40 +0.1%
- UK FTSE +0.8%
- Spain IBEX +0.4%
- Italy FTSE MIB +0.4%
The overall market mood is a calmer one with US futures also holding slightly higher on the day thus far. S&P 500 futures are up 0.1% as investors are resting on a steadier tone after the rebound in tech shares overnight. The end of Wall Street trading saw a mixed showing with the S&P 500 finishing lower by 0.2% as the Nasdaq closed up by 0.2% while the Dow was down 0.6%.
So, that’s keeping investors on their toes in what is shaping up to be a bit of a back and forth week. The US labour market report didn’t produce too much drama and now all eyes will turn towards the US CPI report tomorrow instead, as well as major central bank decisions to come later this week. That’s bolstering the narrative of a BOE rate cut heading into next year. The next rate cut after the one this week is now priced in for April 2026, brought up from July 2026 previously before the data