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LIVE MARKETS-Europe before the bell: futures edge down after Thursday's sharp sell-off

ReutersApr 4, 2025 6:35 AM

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EUROPE BEFORE THE BELL: FUTURES EDGE DOWN AFTER THURSDAY'S SHARP SELL-OFF

European equity futures are slightly lower on Friday but losses are more contained compared to the steep sell-off the day before in the wake of U.S. President Trump's tariff plans.

Euro STOXX 50 futures STXEc1 are down about 0.3% after the index sank 3.6% the day before.

Futures on the CAC FCEc1, FTSE FFIc1 and DAX FDXc1 are off between 0.1% and 0.3%.

Wall Street futures are also softer after the major indexes all slumped on Thursday. S&P EScv1 and Nasdaq NQcv1 futures are both down 0.2%, while Russell RTYc1 futures are shedding 0.3%. All suffered their biggest one-day falls since 2020 on Thursday.

Attention today is likely to remain on the global response to Trump's tariff plans, but there's also a U.S. jobs report to contend with.

Economists expect the U.S. to have added 135,000 nonfarm payrolls in March, while the unemployment rate is seen holding steady at 4.1%.

In corporate news, BP BP.L could be in focus after the energy company announced its chair Helge Lund would be stepping down, most likely in 2026.

(Samuel Indyk)

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