STOXX off to muted start, SAP hit
STOXX 600 down 0.3%
China bounce loses steam
VW starts pay talks with unions
Nasdaq futures fall
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STOXX OFF TO MUTED START, SAP HIT
There was no big excitement at the European market open on Wednesday with a bounce in China-related stocks losing steam and offset by weakness in banks and a drop in software firm SAP SAPG.DE, which is under investigation in the U.S. over price-fixing allegations.
The region-wide STOXX 600 .STOXX dipped 0.3%. Nordic markets did relatively better, with gains in Copenhagen .OMXC20, Stockholm .OMXS30 and Helsinki .OMXH25, while the FTSE .FTSE in London fell 0.2%.
A 4% slide in SAP dragged the DAX GDAXI down 0.5%.
Here is your opening snapshot:
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EARLIER ON LIVE MARKETS:
CHINA BOOST SET TO FADE IN EUROPE CLICK HERE
AFTER CHINA'S STIMULUS SUGAR RUSH CLICK HERE
EU open https://tmsnrt.rs/47EiZaJ
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