The peak of the optimism today came right at the European open and since then, we are seeing a bit of a hiccup as stocks are unable to carry forward the slightly better mood from Asia. S&P 500 futures are down 4 points, or 0.1%, currently:
Meanwhile, the bank index in Europe has also turned negative (-0.3%) after a decent start earlier in the day. Looking over to the major indices in the region, they have also pared their early gains seen here to be up by just 0.1% across the board now.
There aren’t any major headlines as it just seems like investors are digesting the post-banking turmoil feels alongside some trepidation ahead of key inflation data later in the week.
This article was originally published by Forexlive.com. Read the original article here.