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Europe Slips, But US Markets More Resilient

EQUITIES
  • European equity markets are uniformly lower, with the EuroStoxx50 off around 1%, with German and Italian stocks posting similar losses. The UK's FTSE-100 is faring slightly better, but still trades underwater by 0.1%.
  • In US futures space, indices are a little more resilient, with the e-mini S&P lower, but comfortably off the overnight lows of 4654.50. Nonetheless, the index remains within striking distance of yesterday's alltime highs at 4740.50.
  • VIX futures are inching higher to complement the recent weakness off highs, putting the Dec-21 VIX future at the highest levels since mid-October.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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