The DAX Futures is trading at 13,221.00 with a loss of –0.42% percent or –55.70 point.The FTSE 100 Futures is trading at 7,357.00 with a loss of -0.15% percent or -10.80 point. The CAC 40 Futures is trading at 5,906.00 with a loss of -0.06% percent or -3.50 point. The EURO Stoxx 50 Futures trading at 3,700.00 with a loss of -0.22% percent or -8.00 point.
TODAY’S FACTORS AND EVENTS
Volkswagen led the way down, sliding by 2.85%, with BMW (-0.77%) and Daimler (-0.92%) also seeing red. Continental bucked the trend, gaining 0.68%.
It was also a mixed day for the banks. Commerzbank fell by 0.59%, while Deutsche Bank rallied by 5.61% on the day.
The gains for Deutsche Bank came off the back of its earnings results. The bank announced a full-year net loss of €5.3bn, which was attributed entirely to the ongoing restructuring of the bank. Increased revenue in its investment bank unit was positive, however.
For the day Germany’s DAX closed at 13,157.12 with a loss of –1.41% percent or –187.88 point.the FTSE 100 closed at 7,381.96 with a loss of –1.36% percent or –101.61 point. France’s CAC 40 closed at 5,871.77 with a loss of –1.40% percent or –83.12 point.
For the day the Dow is trading at 28,859.44 up with +0.43% percent or +124.99 point. The S&P 500 is trading at 3,283.66 up with +0.31% percent or +10.26 point. The Nasdaq Composite is trading at 9,298.94 up with +0.26% percent or +23.77 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,205.18 up with +0.99% percent or +227.43 point. Hong Kong’s Hang Seng is trading at 26,384.60 with a loss of –0.24% percent or –64.53 point. China’s Shanghai Composite is trading at 2,976.53 with a loss of –2.75% percent or –84.23 point. India’s BSE Sensex is trading at 40,810.35 with a loss of –0.25% percent or –103.47 point at 12:15 PM.