- German DAX futures -0.1%
- French CAC 40 futures +0.1%
- UK FTSE futures -0.1%
This follows from the modest selling yesterday, though Wall Street was hit harder as tech shares were the biggest drag. The S&P 500 closed down by 1.2% with the Nasdaq lower by 1.8%. Meanwhile, the Dow finished lower by 0.5% overnight.
All of this is setting up for a more pensive mood as we look to European trading later, with US futures pointing to a light rebound in tech shares. S&P 500 futures are up 0.2% with Nasdaq futures up 0.5% currently.
On the balance of things, concerns surrounding the AI bubble are still very much permeating across the broader landscape. But for the day ahead, the US CPI report is one that will keep things interesting at least.
For European indices, it’s been a relatively sluggish week as the DAX is down nearly 1% now and threatening to snap three consecutive weeks of gains prior. The CAC 40 is also looking heavy as it has already erased the gains from Monday
