After a positive start, European stocks closed mostly lower.
FTSE 100: +0.07%
CAC 40: -0.54%
Stoxx 50: -0.93%
IBEX 35: -1.59%
S&P 500 -0.61%
European equities are still trading higher premarket, with the FTSE 100 up just over 1%.
US index futures are, however, pointing to a lower open with the Dow at -0.38%, the S&P 500 at -0.29%, and the Nasdaq at -0.30%.
JetBlue is down 2.45% premarket after reporting earnings. The airline beat earnings and revenue estimates.
UPS is up 1.63% in premarket action after it too reported earnings. The company beat top and bottom-line estimates.
Shares of the food and beverage giant PepsiCo fell slightly premarket, despite beating earnings and revenue forecasts.
-Novacyt shares crashed 16% after the DHSC issued a £134.6m claim.
-Investors were shocked at the new twist in the dispute that started in 2021.
Wood Group’s price target was lowered to 285p from 290p at JPMorgan
Ferrexpo price target reduced to 340p from 350p at JPMorgan
Ibstock price target lifted to 230p from 220p at JPMorgan
Antofagasta’s price target was lowered to 1,370p from 1,500p at Morgan Stanley
Hargreaves Lansdown price target decreased to 1,245p at Credit Suisse
Future plc price target reduced to 3,300p from 3,900p at Barclays
Pantheon Resources’ price target boosted to 280p from 250p at Canaccord
Despite a poor start in US equities Monday, they ended up closing the session higher. This morning, European stocks have followed suit…
FTSE 100: +0.69%
CAC 40: +0.26%
Stoxx 50: +0.83%
IBEX 35: +1.31%
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