Photo: Harlequeen via Flickr
A decidedly “risk off” start to the week.Europe is red across the board, with Germany down 1.2%, France off 1.25%, and Italy down 2%.
Shares of Italian bank UniCredit are down 3%.
US futures are solidly in the red, as well, with losses on the order of 0.5%, or at least in that ballpark.
In terms of news, things are still pretty quiet. There was a bad Italian business confidence report but mostly not much is going on in the headline-world.