Overview
- The index is indicated 0.1% higher at 23,767 points before the open, according to IG.
- A drop below Tuesday’s low at 23,674 points would risk a move toward roughly 23,300 and the 200-day line.
- U.S. stocks retreated on Thursday, with the Dow down 0.8%, the S&P 500 off 1.1%, and the Nasdaq lower by 1.9%.
- Asian markets weakened, and Tokyo’s Nikkei fell 1.6% as technology shares faced their sharpest weekly pullback in months.
- Earnings remain a key driver after DHL beat with Q3 EBIT up nearly 8% to €1.5 billion, Lanxess warned on profits and slumped about 7.4%, and HelloFresh dropped almost 13% following a reported short attack.