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Futures Off Lows After Inside Session

EQUITIES
  • US stock futures rolled off the overnight highs as the European session got off to a negative start. Prices recovered during US hours, but an inside session leaves Tuesday trade non-directional.
  • This translated to mixed cash markets, with the S&P500 broadly flat, while the NASDAQ and Dow Jones ebbed lower.
  • Materials and industrials performed poorly, while utilities and real estate were at the top of the table.
  • Europe was similarly mixed, with UK's FTSE-100 off around 0.4% while Spain's IBEX-35 outperformed, rallying just shy of 0.6%.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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