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Markets on Pause Pre-Payrolls

EQUITIES
  • Continental stock markets are mixed early Friday, with most major indices hovering either side of unchanged. The Italian FTSE-MIB is the only notable outperformer, trading with gains of 0.5% a few hours out from the NY crossover. Spain's IBEX-35 underperforms, but only by 0.2% or so.
  • In futures space, US markets are broadly flat, mimicking the moves in Asia-Pac markets, with the Hang Seng Index finishing down just 0.1% while the Nikkei 225 notched up gains of 0.3%.
  • Europe's financials sector is higher, countering slightly weakness in real estate, industrials and tech names.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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