February 01, 2022  SEONews

Stock markets today: Futures down, Asia celebrates Lunar new year – Markets Insider

  • US stock futures sunk into negative territory on Tuesday after holiday-thinned trade overnight in Asia.
  • European indices got off to a strong start, thanks to robust earnings from the likes of Swiss bank UBS.
  • Investors will scour Q4 results from Google parent Alphabet, as mega-cap tech company earnings roll in.
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US stock futures eased on Tuesday, as investors booked profits on the end-of-January rally that lifted the benchmark indices the day before, while in Europe, strong earnings from the likes of Swiss bank UBS helped lift the broader equities market.

January was an exceptionally choppy month. Volatility hit its highest since late-2020, as the Federal Reserve took a far more hawkish stance towards inflation and monetary policy, while the spread of the omicron variant of Covid-19 continued to hamper economic activity, prompting a sell-off in stocks.

S&P 500 futures and the NASDAQ 100 futures were…

Read Full Story: https://markets.businessinsider.com/news/stocks/us-stock-futures-markets-china-stocks-bonds-investors-crypto-commodities-2022-2

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source: https://news.oneseocompany.com/2022/02/01/stock-markets-today-futures-down-asia-celebrates-lunar-new-year-markets-insider_2022020113431.html

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