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Monday, April 20, 2015

European markets are climbing after a slump in China

European markets (with the exception of Spain) are seeing a decent start to Monday's session, after a sell-off in China. Here's the scorecard as of 12:00 p.m. London time (6 a.m. New York) France's CAC 40: +0.55% Germany's DAX: +1.73% UK's FTSE 100: +0.70% Spain's IBEX: -0.14% Italy's FTSE MIB: +0.70% In China, the Shanghai Composite index fell by 1.61%, and Hong Kong's Hang Seng fell 2.02%. Japan's Nikkei also finished lower, but by just 0.09%.  Ahead of the US open, stocks are making similar gains to the ones seen in Europe: S&P futures are up 12.75 points, while the Dow is up 112 points. It's a quiet day for data but anything major on Greece could cause a reversal, as we head towards Friday's Eurogroup meeting of finance ministers.Join the conversation about this story » NOW WATCH: You've been doing pull-ups all wrong


READ THE ORIGINAL POST AT uk.businessinsider.com