European stocks slip as PMI shows business activity surging; U.S. futures hold steady after Powell

European stocks struggled on Wednesday, with fresh data showing eurozone business activity growing at the fastest rate in 15 years, while U.S. equity futures inched up. Shares of Pernod Ricard rose after an upbeat forecast.

The Stoxx Europe 600 index
SXXP,
-0.38%
fell 0.2%, while the German DAX
DAX,
-0.61%
and French CAC 40
PX1,
-0.59%
indexes fell 0.4% each. The FTSE 100
UKX,
-0.07%
was flat.

U.S. equity futures
ES00,
+0.01%

YM00,
+0.09%

NQ00,
+0.03%
were modestly higher across the board. On Tuesday, the Dow industrials
DJIA,
+0.20%
gained 69 points, or 0.2%. The S&P 500 
SPX,
+0.51%
rose 0.5%, while the Nasdaq Composite 
COMP,
+0.79%
advanced 0.8%, logging a fresh record…

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