SPY423.11+2.25 0.53%
DIA339.45+0.67 0.20%
IXIC14,253.27+111.79 0.79%

LIVE MARKETS-Europe heads south

LIVE MARKETS-Europe heads south

05/11/2021 01:33
LIVE MARKETS-Europe heads south

- Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected]

EUROPE HEADS SOUTH (0533 GMT)

European shares look set to open down sharply this morning with futures falling as much as 1.5%, one day after the STOXX 600 regional benchmark index climbed to a new record high.

Investors are clearly in a risk off mood. Wall Street suffered heavy losses overnight and looks set for more losses later in the day, while in Asia red signs prevailed too.

Asian tech stocks tumbled and a regional equity gauge suffered its biggest slide in nearly two months, as traders braced for U.S. inflation data amid worries growing price pressures might bring forward rate rises. nL1N2MY04W

(Danilo Masoni)

*****