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EU Joint Bond Issuance News Buoys European Stocks

EQUITIES
  • Asian markets closed weaker: Japan's NIKKEI closed down 430.46 pts or -1.71% at 24790.95 and the TOPIX ended 34.17 pts lower or -1.9% at 1759.86. China's SHANGHAI closed down 79.325 pts or -2.35% at 3293.53 and the HANG SENG ended 291.76 pts lower or -1.39% at 20765.87
  • European stocks have rebounded on news of the EU considering joint bond issuance: the German Dax up 172.71 pts or +1.35% at 12834.65, FTSE 100 down 2.41 pts or -0.03% at 6959.48, CAC 40 up 98.72 pts or +1.65% at 5982.27 and Euro Stoxx 50 up 55.82 pts or +1.59% at 3512.22.
  • U.S. futures are a little higher, with the Dow Jones mini up 74 pts or +0.23% at 32857, S&P 500 mini up 14.5 pts or +0.35% at 4213, NASDAQ mini up 26.75 pts or +0.2% at 13347.5.

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