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Tuesday, February 25, 2014

U.S. stock futures: Dow -0.1%. S&P -0.1%. Nasdaq -0.1% - 2/25/14

Asian shares mixed, Europe mainly drops
  • Asian shares are mixed but European equities and U.S. stock futures mostly trade lower.
  • Chinese shares add to yesterday's sharp drop and fall 2% amid ongoing concerns about the property sector and amid a sliding yuan. The further draining of money from the financial system by the PBOC is also not helping.
  • However, Japanese shares rise 1.4% as stocks again make sharp daily moves, which have been going in either direction lately.
  • In Europe, the mood has been dampened by disappointing earnings reports from the likes of Vivendi and Fresenius.
  • Elsewhere in Asia, Hong Kong -0.3%, India +0.2%.
  • Euro Stoxx 50 -0.15%, London -0.6%, Paris -0.5%, Frankfurt -0.3%, Milan -0.4%, Madrid +0.2%.
  • U.S. stock futures: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%
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