Wednesday , 6 November 2024
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European indices see red at the open today

  • Eurostoxx -0.7%
  • Germany DAX -0.7%
  • France CAC 40 -0.5%
  • UK FTSE -0.6%
  • Spain IBEX -0.4%
  • Italy FTSE MIB -0.5%

It’s been a rough week for European stocks and the selling looks to continue into month-end. Just be wary that the CAC 40 index is now pipping back below its 100-week moving average for the first time since the first week of August. Looking elsewhere, US futures are also very much subdued. S&P 500 futures are down 0.8% with Nasdaq futures down 1.1% currently.

This article was written by Justin Low at www.forexlive.com.

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