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EuroStoxx Futures Snap Six Session Losing Streak

EQUITIES
  • European equity markets traded well in the absence of US traders, with EuroStoxx50 futures adding just over 10 points to snap a six session losing streak. Europe's utilities and real estate sectors drove the recovery off the Wednesday low, with tech names not far behind. Communication services and energy names were the sole sectors to trade in the red Thursday.
  • US futures remained open for trade despite the closure of cash markets, with the e-mini S&P partially reversing strength seen across the Asia-Pac session. Nonetheless, the e-mini S&P traded above the 4700 level, cementing the underlying strength in equities.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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