European stock indices are trading in the red zone today. Investors are getting risk-averse in advance of Barack Obama’s meeting with US congressmen in order to discuss the country’s budgetary problems.
The current market situation looks as follows:
· Stoxx Europe 600: - 0,17% down to 265,06.
· Dow Jones Euro Stoxx 50: -0,36% down to 2452,91.
· FTSE 100: -0,23% down to 5664,66.
· CAC 40: -0,24% down to 3374,12.
· DAX: +0,4% up to 7014,96.
The chart below, courtesy of , reflects the current state of affairs in the market of FTSE 100.
The experts expect the index to rally in the near future, which will determine the near-term prospects.
