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US Earnings Eyed Later

EQUITIES

Equities have stabilised since Monday's rout, though US futures are off session highs. European equities have been boosted by better earnings reports. Key US earnings today include Caterpillar, Merck, Pfizer, and Microsoft.

  • Asian markets closed mixed, with Japan's NIKKEI down 8.54 pts or -0.04% at 23485.8 and the TOPIX down 1.45 pts or -0.09% at 1617.53. China's SHANGHAI closed up 3.197 pts or +0.1% at 3254.316 and the HANG SENG ended 131.59 pts lower or -0.53% at 24787.19.
  • European futures are weaker, with the German Dax down 87.91 pts or -0.72% at 12096.03, FTSE 100 down 19.3 pts or -0.33% at 5790.83, CAC 40 down 53.74 pts or -1.12% at 4781.81 and Euro Stoxx 50 down 30.15 pts or -0.97% at 3075.36.
  • U.S. futures are flat/mixed, with the Dow Jones mini down 16 pts or -0.06% at 27565, S&P 500 mini up 1.5 pts or +0.04% at 3395, NASDAQ mini up 27.25 pts or +0.24% at 11519.75.
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