The FTSE 100 Futures is trading at 7,386.00 up with +0.03% percent or +2.50 point. The CAC 40 Futures is trading at 5,524.20 up with +0.33% percent or +18.20 point. The DAX Futures is trading at 12,308.30 up with +0.04% percent or +4.60 point. The EURO Stoxx 50 Futures trading at 3,430.00 with a loss of -0.12% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
In equity markets, housebuilders were the standout losers after Taylor Wimpey hailed a “good” start to the year despite wider macroeconomic uncertainty but said margins will be slightly lower this year due to greater build cost inflation.
The sector was also hit by a series of downgrades by broker Shore Capital, which cut its stance on Barratt Developments, Bellway, Bovis Homes, Persimmon, Redrow, Crest Nicholson and Taylor Wimpey.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,462.08 with a loss of -0.51% percent or -134.97 point. The S&P 500 is trading at 2,926.17 with a loss of -0.037% percent or -1.08 point. The Nasdaq Composite is trading at 8,118.68 up with +0.21% percent or +16.67 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,258.73 with a loss of -0.22% percent or -48.85 point. Hong Kong’s Hang Seng is trading at 29,550.32 up with +0.0018% percent or +0.52 point. China’s Shanghai Composite is trading at 3,086.40 with a loss of -1.20% percent or -37.43 point. India’s BSE Sensex is trading at 38,854.35 up with +0.32% percent or +123.49 point at 12:15 PM.