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Bouncing Off Overnight Lows

EQUITIES

Global equities have bounced from overnight lows, with most European and US indices/futures higher (and unlike Thursday, not as much of an outperformance by tech stocks though that sector is outperforming).

  • Asian stocks closed weaker, with Japan's NIKKEI down 135.01 pts or -0.53% at 25385.87 and the TOPIX down 23.01 pts or -1.33% at 1703.22. China's SHANGHAI closed down 28.575 pts or -0.86% at 3310.104 and the HANG SENG ended 12.52 pts lower or -0.05% at 26156.86.
  • European equities are mixed, with the German Dax up 55.14 pts or +0.42% at 13035.17, FTSE 100 down 5.38 pts or -0.08% at 6301.11, CAC 40 up 26.03 pts or +0.49% at 5362.75 and Euro Stoxx 50 up 16.92 pts or +0.49% at 3429.33.
  • U.S. futures are up, with the Dow Jones mini up 242 pts or +0.83% at 29234, S&P 500 mini up 31.5 pts or +0.89% at 3564, NASDAQ mini up 101.5 pts or +0.86% at 11921.5.
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