European stock futures mixed
The persisting concern of rising coronavirus cases in India and optimism for global growth as major economies reopen resulted in a mixed trading performance among European stock markets.
Germany’s DAX futures contract lowered 0.2%. CAC 40 futures in France also dropped 0.2%. On the bright side, the FTSE 100 futures contract in the U.K. improved 0.6%.
The same trend was seen in Wall Street on Monday trade as the Dow Jones Industrial Average gained 0.7%, the S&P 500 with a 0.3% increase, and the Nasdaq Composite dipped 0.5%.
Europe’s confidence is growing over the recovery from the pandemic as the rate of vaccination in EU member states rises quickly. On Monday, the European Commission set forth a plan to reopen the continent to holidaymakers from countries with low coronavirus infection rates, such as Britain, and to anyone who has been fully vaccinated, by the start of June.