Stocks are Mixed as Crude Movers Lower Weighing on Energy Shares

European stocks are mixed, while U.S. futures are pointing to a higher open, following last Friday’s stronger than expected U.S. jobs data which continues to buoy the financials. Weaker than expected German production data, is weighing on the DAX, while the FTSE is outperforming as UK housing prices eased but remain robust. Oil prices are down on the session as traders await the outcome of the OPEC and non-OPEC meeting in Abu Dhabi today and tomorrow where members are discussing output quota compliance. Swiss CPI data came out in line with expectations.

Continue reading: https://www.iforex.com/news/stocks-are-mixed-crude-movers-lower-weighing-energy-shares-39879

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