Eurostoxx futures are down by 0.4% in early European trading, reflecting the broader negative sentiment that followed yesterday’s sell-off on Wall Street.
German DAX futures are also lower, down 0.4%, while UK FTSE futures are showing a modest decline of 0.1%. European indices, which had been on a winning streak until last week, now appear to be on track for consecutive weekly losses to close out February.
German DAX Faces Setback After Strong Performance
Despite the DAX’s strong performance on Monday, driven by positive political developments in Germany, it is now at risk of giving back those gains. The cautious mood in global markets, along with flat S&P 500 futures, is contributing to the pullback.
Key Risks Ahead: Nvidia Earnings and Trump’s Tariffs
The main focus for investors this week will be Nvidia’s earnings report, set to be released after the market close tomorrow. Additionally, former President Trump’s ongoing tariff strategy remains a key risk factor for markets.
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