The DAX Futures is trading at 11,192.80 up with +0.20% percent or +22.00 point.The FTSE 100 Futures is trading at 7,136.00 up with +0.21% percent or +15.20 point. The CAC 40 Futures is trading at 5,086.00 up with +0.27% percent or +13.50 point. The EURO Stoxx 50 Futures trading at 3,208.50 up with +0.19% percent or +6.00 point.
TODAY’S FACTORS AND EVENTS
The DAX has climbed 2.2% this week, erasing almost all of the losses sustained in the first week of February. On Tuesday, European blue-chip indices posted strong gains, courtesy of unexpectedly strong earnings at Michelin (PA:MICP), the giant French tire maker. This triggered strong gains for German and French automakers and boosted the DAX and CAC, which gained 1.0% and 0.84%, respectively.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,543.27 with +0.46% percent or +117.51 point. The S&P 500 is trading at 2,753.03 up with +0.30% percent or +8.30 point. The Nasdaq Composite is trading at 7,420.38 up with +0.078% percent or +5.76 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,139.71 with a loss of –0.023% percent or –4.77 point. Hong Kong’s Hang Seng is trading at 28,404.80 with a loss of –0.33% percent or –92.79 point. China’s Shanghai Composite is trading at 2,719.70 with a loss of –0.050% percent or –1.37 point. India’s BSE Sensex is trading at 35,865.46 with a loss of –0.47% percent or –168.65 point at 12:15 PM.