Stocks in Europe drifted alongside U.S. equity futures Monday as investors showed caution before the next batch of corporate earnings. Asia shares climbed on strong Chinese economic data, while Treasuries held steady.
The Stoxx Europe 600 Index fell less than 0.05 percent as of 9:14 a.m. London time. The Stoxx Europe 600 Index was little changed as gains in banking shares offset declines in food and beverage stocks. Futures on the S&P 500 edged lower. In Asia, equities headed for a fresh six-month high, propelled by markets in Japan, China and Taiwan, after policy makers in Beijing released upbeat credit data. Bullish sentiment also gripped the region after the S&P 500 Index came within 1 percent of a new all-time high on Friday. Oil contracts were steady after crude completed its longest run of weekly gains in three years.
Source : Bloomberg