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European Indices Boosted by Tech, Energy Names

  • European indices are higher by 0.8-1.2% at pixel time, with tech and energy names adding to the broad strength in headline stocks. The core EuroStoxx50 outperforms thanks to solid contributions from the likes of Iberdrola, ASML Holding and Siemens.
  • US futures are similarly higher, with the e-mini S&P around 70 points off the week's lows. Markets need to top the 4407.75 mark to make any further progress toward the 50-dma of 4430.
  • Earnings season picks up today, with a few more key reports - mainly from the financials sector. Highlights today include Bank of America, Wells Fargo, Morgan Stanley and Citigroup. Full schedule with timings and expectations here:

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