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European indices bounce back at the open today after the drop yesterday

  • Eurostoxx +0.3%
  • Germany DAX +0.4%
  • France CAC 40 +0.4%
  • UK FTSE +0.1%
  • Spain IBEX +0.2%
  • Italy FTSE MIB +0.1%

With Wall Street closing higher yesterday, that’s feeding into a better mood to start the day for European equities. As for the overall market mood, it’s more tentative on the day though with US futures holding flattish at the moment. Dip buyers continue to show up but will be challenged by US PMI data and Fed chair Powell’s appearance later today.

This article was written by Justin Low at investinglive.com.

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