European stock markets are showing mixed signs as trading opens today. Eurostoxx futures have fallen by 0.6%, reflecting a negative sentiment in the early part of the session.
Despite the pessimism in recent days, not all European indices are struggling this week. French stocks are on track for their second consecutive weekly decline. However, the DAX index is barely maintaining its gains for the week, based on current opening indications.
In contrast, Spanish and Italian benchmarks are still in positive territory for the week. However, Italian stocks could see these gains shrink if the downward trend continues throughout the day.
Wall Street Faces Continued Weakness
The negative mood is also evident in the U.S. market. Wall Street remains under pressure, with selling intensifying late yesterday. S&P 500 futures have dropped by 0.1%, signaling a continued cautious sentiment as the U.S. session begins today.
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