Live Markets: Europe before the bell: Futures wilt, equities still set for hefty weekly rise

Siemens Energy AG

14/11/2025 07:35

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EUROPE BEFORE THE BELL: FUTURES WILT, EQUITIES STILL SET FOR HEFTY WEEKLY RISE

European equity futures are mostly lower on Friday as bets for a rate cut from the Fed next month faded, but major markets are still heading for solid weekly gains after the end of the U.S. government shutdown.

Euro STOXX 50 futures STXEc1 are down 0.6%, but the index .STOXX50E has risen over 3% this week and traded at a record high on Thursday.

Futures on the CAC FCEc1 and DAX FDXc1 are down 0.4% and 0.2%, respectively.

Britain's FTSE futures FFIc1 are down 0.7%, perhaps underperforming on an FT report that said the UK government is ditching its plan to increase income tax rates.

In corporate news, luxury group Richemont CFR.S reported quarterly sales well ahead of forecasts, despite currency movements, rising gold prices and U.S. tariffs.

Siemens Energy ENR1n.DE, whose shares have doubled this year, raised its mid-term outlook and said it plans to pay its first dividend in four years.

(Samuel Indyk)

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EARLIER ON LIVE MARKETS:

MARKETS TUMBLE AS FED CUT HANGS IN THE BALANCE CLICK HERE

US stock prices today https://www.reuters.com/graphics/MARKETS-AUTOMATED/US-PCT-CHANGE-TODAY/byprebynxve/chart.png