Markets Are Going Nowhere

European stocks are just barely up early Thursday, while Barclays’ shares were down 3.2% after the New York Attorney General filed a lawsuit against the bank.

Britain’s FTSE 100 is up 0.05%.

France’s CAC 40 is up 0.02%.

Germany’s DAX is up 0.05%.

Spain’s IBEX is up 0.03%.

Asian markets closed in the green with Japan’s Nikkei up 0.27% and Hong Kong’s Hang Seng up 1.45%.

US futures are flat.

The lawsuit against Barclays alleges that the bank’s US-based alternative trading system, or “dark pool,” favoured high-frequency traders.

“Barclays grew its dark pool by telling investors they were diving into safe waters. According to the lawsuit, Barclays’ dark pool was full of predators — there at Barclays’ invitation,” Attorney General Eric Schneiderman said on Wednesday

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.