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E-Minis Tick Higher Into European Trade

EQUITIES

A soft session for Chinese equities, accompanied/driven by a much weaker than expected official non-manufacturing PMI print out of China, hasn't de-railed the bid in U.S. e-mini futures, with the S&P 500 contract reaching a fresh all-time high into European hours. Still, it is the NASDAQ 100 that outperforms, also registering its own fresh all-time high, with the tech space in particular benefitting from the latest downtick in U.S. Tsy yields in the wake of Fed Chair Powell's Friday commentary.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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