|Day's Range||11,459.08 - 11,625.02|
|52 Week Range||11,459.08 - 13,596.89|
European stock markets wobbled at the start of the week, with investors carefully watching the U.S. for direction, as earnings season gets under way.
The pan-European Stoxx 600 was down around 0.1 percent during mid-afternoon deals, with the balance of sectors and major bourses in negative territory. European stocks lacked direction Monday afternoon, as concerns over Brexit progress, a potential slowdown in the Chinese economy and higher U.S. borrowing costs limited investor appetite. The pan-European Stoxx 600 was down around 0.1 percent shortly after 2 p.m. London, with more sectors and major bourses in negative territory than positive.
European equities on Friday finish the day lower as a rally falters, helping to cement the sharpest weekly drop from the most of the main eurozone benchmarks since February.
European stocks failed to stage a recovery on Friday, posting their worst week since a market correction last February as a new sell-off hit bourses across the globe, amid worries about protectionism and fast-rising U.S. interest rates. Euro zone stocks initially jumped one percent but rapidly shed all of their gains despite Wall Street opening higher. There's "a rotten trend" in Europe, a trader complained, noting that U.S. shares have outperformed their European peers since the beginning of the year with the Trump administration's fiscal cuts boosting earnings.
After Asian shares rose overnight, European stocks opened higher, with the pan-European STOXX 600 up 0.7 percent. Germany's DAX was up half a percent while Britain's FTSE 100 gained 0.7 percent. The MSCI All-Country World index, which tracks shares in 47 countries, was up half a percent on the day.
Global shares were having their best day in nearly a month on Friday as European and Asian markets recovered from a brutal selloff that still left them set for their worst week since February. The MSCI All-Country World index, which tracks shares in 47 countries, was up half a percent on the day. "Some traders are cautiously buying back into the market today, but the underlying issues which brought about the sell-off are still relevant," said David Madden, markets analyst at CMC Markets in London.
DAX futures in international market indicates that DAX index is going to trade positive supported by bullish cues from overseas markets.
Global markets have been shaken by two consecutive sessions of losses in the U.S. In Europe, Italy and the U.K. remain in the spotlight in terms of political news. Royal Dutch Shell is reportedly in talks to sell its stake in a Venezuelan JV with Maurel & Prom.
SINGAPORE (AP) — Asian stocks were mixed on Friday as better-than-expected Chinese trade data gave some markets a breather from worries about the impact of punitive tariffs.
European stocks got hammered on Wednesday, bringing vulnerable Italian markets to finish in a bear market as a Wall Street selloff continued to rattle investors around the globe.
Wall Street futures point to a heavy opening bell decline Thursday, with the Dow set for a 150 point slump following the biggest single-day decline for U.S. Stocks in at least eight months. Softer-than-expected September CPI reading helped U.S. stocks pare pre-market declines, with annual inflation now measured at a 2.3% clip. European and Asia markets sold off sharply overnight, with tech stocks leading the decline, as China's Shanghai Composite fell more than 5.2% and the Stoxx 600 benchmark slipped past a 20-month low.
Premarket U.S. futures are falling across the board Thursday, with the major indices poised for significant declines across the board. Dow futures are falling 0.95%, indicating an open 243 points lower, Nasdaq futures declining 1.