(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
Jan 29 (Reuters) - European stock index futures fell more
than 1% on Friday, tracking declines in Asian and U.S. equity
markets on caution around a retail trading frenzy that gripped
Wall Street this week.
Futures tracking an index of Europe's top 50 stocks STXEc1
were down 1.2% by 0647 GMT, setting up the benchmark STOXX 600
index .STOXX to retreat further from near one-year highs hit
last week.
London's blue-chip index futures FFIc1 dropped 1.1% and
Germany's DAX futures FDXc1 declined 1.2%, while on Wall
Street, S&P 500 futures ESc1 fell 1% and Nasdaq 100 futures
NQc1 shed 1.1% MKTS/GLOB .
U.S. stock markets, already looking overvalued after a
stimulus-led rally last year, have been jolted by steep gains in
heavily shorted stocks, including Gamestop GME.N and AMC
Entertainment AMC.N .
Concerns around the potential economic damage from a new
strain of the coronavirus in Europe has also dented sentiment in
the past few days.
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Europe stock futures track Asia, U.S. losses on retail trading frenzy jitters
Published 01/29/2021, 03:02 PM
Updated 01/29/2021, 03:10 PM
Europe stock futures track Asia, U.S. losses on retail trading frenzy jitters
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