The CAC 40 Futures is trading at 5,053.50 with a loss of -0.91% percent or -46.50 point.The FTSE 100 Futures is trading at 6,203.50 with a loss of  -0.47% percent or -29.00  point.The DAX Futures is trading at 13,105.50 up with +0.10% or +13.00 point. The EURO Stoxx 50 Futures trading at 3,372.00 with a loss of -0.27% percent or -9.00 point.

TODAY’S FACTORS AND EVENTS

European stock markets drifted lower Wednesday, amid a torrent of earnings while investors wait for the U.S. to agree its latest stimulus package.

A day after European leaders signed off on their historic 750 billion-euro ($860 billion) recovery package to revive the countries hard hit by the Covid-19 pandemic, as well the bloc’s next seven-year budget, worth about 1.1 trillion euros, the focus now turns to the ratification process.

YESTERDAY ACTIVITY

For the day France’s CAC  40 closed at 5,061.44 with a loss of –0.84% percent or –42.84  point.the FTSE 100 closed at 6,235.38 with a loss of –0.55% percent or –34.35  point. Germany’s DAX closed at 13,115.19 with a loss of -0.43%percent or –56.64 point.

WORLD MARKETS

For the day the Dow is trading at 26,840.40  up with +0.60% percent or +159.53 point. The S&P 500 is trading at 3,257.30 up with +0.17% percent or +5.46 point. The Nasdaq Composite is trading at 10,680.36 with a loss of -0.81% percent or -86.73 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,751.61 with a loss of –0.58% percent or –132.61 point. Hong Kong’s Hang Seng is trading at 25,118.28 with a loss of –2.02% percent or –517.38  point. China’s Shanghai  Composite is trading at 3,333.16 up with +0.37% percent or +12.27 point. India’s BSE Sensex is trading at 37,772.33  with a loss of -0.42% percent or –158.00   point at 12:15 PM.