Softer tones seen in European futures

  • German DAX futures -0.7%
  • UK FTSE futures -0.8%
  • Spanish IBEX futures -0.8%

There's two parts to the story for European equities today, with the first being that the indices closed higher before the more significant drop in US stocks took place. The second being that we are seeing more of a tepid mood carry over from Asia.

That said, US futures have pared earlier losses to keep a touch higher now as things continue to keep more choppy to start the day. Nasdaq futures are up 0.2% after having fallen by 0.4% at the lows in the past hour.