November 29, 2022

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European equities more sluggish to kick start the day

1 min read

Tepid tones after the mixed session yesterday

  • Eurostoxx -0.1%
  • Germany DAX flat
  • France CAC 40 -0.1%
  • UK FTSE -0.2%
  • Spain IBEX -0.5%

Even though the dollar may be keeping in good stead, the bond market and equities aren’t quite sharing a similarly outsized reaction to the Fed.

US stocks were under pressure early on yesterday but recovered towards the end with the Nasdaq near record highs after a close of 0.9% higher. US futures are keeping steadier with S&P 500 futures up 0.1%, Nasdaq futures up 0.3%, and Dow futures flat.

Just be mindful though that it is also quadruple witching day today.

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