Markets Are Lower
Feb 25, 2014, 14:24 IST
Good morning!
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After touching record highs yesterday, US futures are a lower in overnight action.
European stocks are down as well. Germany is off 0.4%. Italy is down 0.3%. France is off 0.5%.
French Business Confidence came out and slightly missed expectations.
The big loser of the day is China, as the Shanghai Composite shed another 2%, and the Chinese Yuan continued to reverse from its traditional course of only going higher.
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Today in the US we get the Case-Shiller housing market index.