The DAX Futures is trading at 12,460.50 with a loss of -0.62% or -77.60 point.The FTSE 100 Futures is trading at 5,807.50 with a loss of -1.17% percent or -69.00 point. The CAC 40 Futures is trading at 4,730.50 with a loss of -1.30%percent or -62.50 point. The EURO Stoxx 50 Futures trading at 3,126.00 up with -1.39% percent or -44.00 point.
TODAY’S FACTORS AND EVENTS
Stock markets across Europe followed their Asian peers lower on Thursday, with the DAX 30 dropping nearly 1% and other major indexes sliding between 0.9% and 1.2% in morning trading. Investors fear that rising COVID-19 cases could lead to fresh lockdown restrictions and hamper the region’s economic recovery. Germany issued travel warnings to more parts of France, while Paris and London announced that bars and restaurants will close at 10pm. At the same time, PMI data showed on Wednesday that the Eurozone private sector activity stagnated in September due to a surprise contraction in service output, while growth in the UK and US slowed. Elsewhere, US Federal Reserve Chair Jerome Powell told Congress that the world’s largest economy needs more government support, but a new stimulus package might not be approved soon with the presidential election just six weeks away
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 12,642.97 up with +percent or +48.58 point. the FTSE 100 closed at 5,899.26 up with + percent or +69.80 point. France’s CAC 40 closed at 4,802.26 up with +percent or +29.42 point.
WORLD MARKETS
For the day the Dow is trading at 26,763.13 with a loss of –percent or –525.05 point. The S&P 500 is trading at 3,236.92 with a loss of – percent or -78.65 point. The Nasdaq Composite is trading at 10,632.98 with a loss of – percent or –330.65 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,087.82 with a loss of – percent or –258.67 point. Hong Kong’s Hang Seng is trading at 23,305.38 with a loss of –percent or –437.13 point. China’s Shanghai Composite is trading at 3,226.51 with a loss of – percent or –53.20 point. India’s BSE Sensex is trading at 36,954.54 with a loss of – percent or 713.88 point at 12:15 PM.