EUROPE IN THE GREEN, TECH FALTERS
European shares are just about higher on Thursday, with the region relatively well insulated from a global decline in tech stocks.
Europe's smaller tech hardware sector has meant it has missed out on the supersized rally that has gripped traders in Tokyo, Seoul and Wall Street, but it has also left it less at risk to any pullbacks.
The STOXX 600 TVC:SXXP is up 0.3% on Thursday. Breadth is positive with about 60% of stocks rising.
In contrast, South Korea's Kospi KRX:KOSPI, which is heavily weighted to tech stocks, fell 8% overnight. Japan's Nikkei TVC:NI225 fell 2.5% and Nasdaq futures CME_MINI:NQ1! are down 0.6%.
Tech shares (.SX8P) are the biggest sector faller in Europe, down 1.7%, although tech only has around a 12% weighting in the pan-continental benchmark.
Top gainers are food and beverages (.SX3P) and healthcare (.SXDP).
Here's your opening snapshot: