European stocks marked down at the open today
Eurostoxx -0.8% Germany DAX -1.3% France CAC 40 -0.8% UK FTSE -0.4% Spain IBEX -0.9% Italy FTSE MIB -0.6% Besides the DAX, other major indices in the region are struggling…
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Whilst bullish momentum remains in equity markets after an impressive month of November, overbought conditions are beginning to show
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Technology stocks continue to be a source of weakness for US equities, undermining risk appetite. Meanwhile, US-China tensions simmer beneath the surface creating uncertainty.
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The Dow Jones Industrial Average futures are oscillating in early Asia hours after falling 0.47% on Thursday. Global equity indices look set to consolidate amid US fiscal stimulus uncertainty.
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The Nasdaq’s astonishing 82% rally since March may slow down as the Volatility Index (VIX) surges. The DAX 30 and Dow Jones fell. The US Dollar remained calm.
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The Dow Jones Industrial Average tested a key resistance at 28,000 but failed to break through. Germany’s Dax fell 0.5% to just below 13,000.
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