European indices hold higher at the open today

Forex Short News
  • Eurostoxx +0.5%
  • Germany DAX +0.5%
  • France CAC 40 +0.5%
  • UK FTSE +0.2%
  • Spain IBEX flat
  • Italy FTSE MIB +0.3%

It’s been a tricky start to August so far as the dump on Friday was met with a modest rebound on Monday before the extended gains yesterday sort of fizzled. That comes as US stocks were also hit by a disappointing ISM services PMI report. But as we get into the new day, dip buyers are stepping back in it would seem. S&P 500 futures are seen up 0.4% currently, covering back a chunk of yesterday’s declines – at least for now.

This article was written by Justin Low at investinglive.com.