The CAC 40 Futures is trading at 5,300.07 up with +0.31% percent or +16.21 point . The FTSE 100 Futures is trading at 7,461.00 up with +0.26% percent or +19.50 point. The DAX Futures is trading at 12,308.00 up with +0.29% percent or +36.00 point . The EURO Stoxx 50 Futures is trading at 3,373.00 up with +0.27% percent or +9.00 point.
TODAY’S FACTORS AND EVENTS
World stocks extended a sell-off on Tuesday as escalating trade tussles between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety.
Spreadbetters expected European shares to open slightly higher following the previous day’s sharp losses, with Britain’s FTSE gaining 0.25 percent, Germany’s DAX rising 0.35 percent and France’s CAC climbing 0.25 percent.
The tense atmosphere lifted demand for safe-haven U.S. Treasuries and kept the dollar on the defensive as financial markets worried about the wider global economic fallout of the Trump administration’s “America First’ agenda.
For the day the Dow is trading at 24,252.80 with a loss of -1.33% percent or -328.09 point. The S&P 500 is trading at 2,717.07 with a loss of -1.37% percent or -37.81 point. The Nasdaq Composite is trading at 7,532.01 with a loss of -2.09% percent or -160.81 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,342.00 up with +0.017% percent or +3.85 point. Hong Kong’s Hang Seng is trading at 28,876.95 with a loss of -0.29% percent or -84.44 point. China’s Shanghai Composite is trading at 2,844.51 with a loss of -0.52% percent or -14.83 point. India’s BSE Sensex is trading at 35,492.88 up with +0.064% percent or +22.53 point at 12:15 PM.