CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

LIVE MARKETS-Before the bell: downbeat sentiment on a busy day

By Reuters News

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

BEFORE THE BELL: DOWNBEAT SENTIMENT ON A BUSY DAY

Yesterday's Middle East peace talk optimism and the chunky fall in oil prices that gave markets a boost is now yesterday's news.

So far on Tuesday, Brent crude futures are back up 1.8% after the US carried out strikes on Iran's Qeshm Island in the Strait of Hormuz. Add some worries about AI and earnings to the mix, with Apple AAPL.O warning on Monday that the cost of memory chips would continue to rise and outlining a weaker outlook, and you get quite downbeat equities.

Oh and don't forget US midterms...

Even stocks in Europe, although they're typically quite shielded from tech wobbles, are set to start the day lower as broader sentiment has turned more risk-off against that backdrop. Euro STOXX 50 futures are down 1.3%, DAX futures are 1.2% lower. CAC and FTSE futures are looking a little bit stronger, down 0.8% and 0.6% respectively.

There's a flurry of earnings in Europe this morning too.

To name a few, Swiss speciality chemicals maker Clariant CLN.S reported weaker-than-expected core profit in the third quarter, and German fashion group Hugo Boss BOSSn.DE late on Monday cut its outlook for annual sales and operating profit.

German pharmaceuticals and agriculture group Bayer BAYGn.DE meanwhile raised its 2026 profit outlook as its pharma business performed better than anticipated, and Dutch healthcare technology manufacturer Philips PHG.AS beat market expectations for third-quarter core earnings.

(Sophie Kiderlin)

EARLIER ON LIVE MARKETS:

SO MUCH FOR A QUIET DAY BEFORE THE US MIDTERMS CLICK HERE

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.