STOXX 600 down 0.1%
Energy leads, Autos lag
Wall St futures higher
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EUROPEAN EQUITIES STRUGGLING FOR DIRECTION
Major European equity markets are mixed on Thursday as investors await new catalysts to drive price action at the start of the year.
The pan-continental STOXX 600 index .STOXX is down less than 0.1%, having closed out 2024 with a 6% rise.
Other major bourses are hovering either side of the unchanged mark with notable underperformance seen in France where the CAC 40 .FCHI is shedding 0.5%.
On a sector basis, oil & gas stocks .SXEP are leading as crude futures trade slightly higher and as Russian gas firm Gazprom halted gas exports via pipelines running through Ukraine after Ukraine refused to renew a transit agreement.
Europe's top gainers include oil & gas producer Equinor EQNR.OL and Frontline FRO.OL, which focuses on seaborne transportation of crude oil and refined products.
Autos .SXAP and luxury .STXLUXP sectors are laggards.
Here's your opening snapshot:
(Samuel Indyk)
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THURSDAY'S OTHER LIVE MARKETS POSTS:
EUROPE BEFORE THE BELL: FUTURES SIGNAL POSITIVE START TO 2025 CLICK HERE
MARKETS USHER IN 2025 WITH TRUMP TREPIDATION CLICK HERE
Where investors think the Fed is headed https://reut.rs/402ULUe
European shares start new year mixed https://reut.rs/4fG2xt5
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