European equities slipped on Tuesday, as markets weighed caution ahead of Fed Chair Powell’s Jackson Hole remarks.
Key moves
- Eurostoxx 50 -0.6%
- Germany DAX -0.8%
- France CAC 40 -0.5%
- UK FTSE 100 -0.2%
- Spain IBEX 35 -0.4%
- Italy FTSE MIB -0.4%
Summary
The downturn erased yesterday’s gains, with S&P 500 futures falling 0.2% as investors adopt a defensive stance and await Powell’s speech later in the week.
(Source)