Stock futures rebounded following Friday's technology selloff, Wall Street Journal Markets reported. The recovery in equity futures came as investors digested the previous session's sharp declines in technology shares and looked for signs of stabilization in the broader market.
Meanwhile, protests weighed on French bonds and the euro. Unrest in France added pressure to French sovereign debt, contributing to selling in government bonds, while the shared currency also faced downward pressure as traders assessed the economic and political implications.
The mixed picture left global markets in a cautious stance. U.S. futures attempted to recover ground after the tech-led retreat, while European assets contended with both fiscal concerns and social disruption. Market participants remained focused on how the protests could affect French borrowing costs and the euro's near-term trajectory.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing