London — European stock futures are showing positive momentum in early trading today, reflecting a rebound after a mixed performance in the previous session. Eurostoxx futures are up by 1.3%, indicating a strong start for the broader European market.
German DAX futures have gained 1.0%, while UK FTSE futures are up 1.1%. These movements suggest European indices are playing catch-up following the gains seen on Wall Street.
Despite the overall positive sentiment, European markets might not experience as substantial a boost, given that U.S. tech shares led the charge in the previous trading session. U.S. futures also reflect an upward trend, with S&P 500 futures up 0.2%, Nasdaq futures rising by 0.4%, and Dow futures increasing by 0.2%.
The early gains in European futures are aligning with the positive global market sentiment, but the impact on European indices may vary, influenced by regional and sector-specific factors.