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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, May 26, 2015

European stocks are sinking after the long weekend

After a three day weekend in Germany and the UK, European markets started the week on a bad foot. Here's the scorecard: Germany's DAX: -0.75% The UK's FTSE 100: -0.61% France's CAC 40: -0.60% Italy's FTSE MIB: -0.08% Spain's Ibex: -1.02% Asian markets closed higher. The Shanghai Composite Index ended up 2.02%, followed by the Hang Seng, which rose by 0.96%. In Japan, the Nikkei rose 0.12%. US futures are down too. Ahead of the open, the S&P 500 is down 8 points, while the Dow is 67 points lower.  It's an extremely quit day for European data, with nothing of note coming. There's a bundle of data points coming from the US later, including house prices at 2 p.m. London time (9 a.m. ET) and Markit's PMI at 2.45 p.m. (9:45 a.m. ET). We'll be looking out for any developments on Greece's bailout negotiations, which will be going on throughout the week.Join the conversation about this story » NOW WATCH: Here's how Floyd Mayweather spends his millions


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