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Stoxx600 Plumbs a New Record High

EQUITIES
  • European markets trade more mixed, with UK and Spanish indices lagging somewhat against a more buoyant theme across French and German headline markets. This has helped tilt the Stoxx600 to the highest level on record, with the EuroStoxx50 nearing the Global Financial Crisis highs printed in 2008.
  • Energy and consumer discretionary names are leading the way higher across the Stoxx600, more than countering weakness noted across materials and communication services names.
  • In US futures space, the three main indices are in the green, helping the e-mini S&P higher by 10 points or so to narrow the gap with the alltime highs posted in early November at 4711.75.

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