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The corrective in futures on Wall Street, after another setback due to the results of technology companies, activates the brake in Europe. The Ibex puts 8,600 points at risk, with the euro on the rise.
The recent improvement in the financial markets does not prevent lurches from happening. Wall Street led gains yesterday, but immediately after the day, the release of new tech results undermined investor confidence. Snap, owner of Snapchat, launched a profit warning that plunged its shares by 30%. Its effects are felt in Nasdaq futures, which are approaching 2% losses at times.
The downward turn on the New York Stock Exchange, and especially on the Nasdaq, moved to Asian equities, with a high weight also from the technology sector. Tokyo's Nikkei is down 0.89%, with losses hovering around a percentage point in China's CSI 300 index.
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