European stock futures today november 30 2011

European stock futures november 30 2011, Germany's DAX nov 30 2011, France's CAC 30/11/2011 ; European stock futures pointed to a lower start for equities on Wednesday, after gains in the previous three sessions, with financials seen under pressure following Standard & Poor's move to cut credit ratings on several European and U.S. banks.

European stock-index futures dropped, tracking losses in Asian shares, after Standard & Poor’s cut the credit ratings of some of the world’s largest banks. U.S. index futures also fell.

By 0701 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were 1 to 1.2 percent lower

Futures on the Euro Stoxx 50 Index, a benchmark for the euro region, fell 1.2 percent to 2,207 at 7:02 a.m. in London. Futures on the U.K.’s FTSE 100 Index retreated 0.8 percent. Futures on the Standard & Poor’s 500 Index expiring in December slid 0.9 percent, while the MSCI Asia Pacific Index lost 0.5 percent.

The Stoxx Europe 600 Index has dropped 4.9 percent this month, for the biggest decline since August, as Italian bond yields surged and European policy makers struggled to agree on a plan to contain the region’s sovereign-debt crisis. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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