European Stock Futures Mixed; Tech Stocks in Focus

By Investing Com8 days ago

© Reuters.

By Peter Nurse

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Investing.com - European stock markets are seen opening mixed on Wednesday, as investors digest the sharp pullback in the tech sector overnight ahead of a fresh round of corporate earnings.

At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.2% higher, CAC 40 futures in France dropped 0.3% and the FTSE 100 futures contract in the U.K. rose 0.1%.

The tech-heavy Nasdaq Composite ended 1.9% lower on Wall Street Tuesday as investors dumped megacap stocks, the markets darlings on the way up, on concerns of rising interest rates following comments by Treasury Secretary Janet Yellen.

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