European markets flat; U.S. stock futures inches higher

European stocks were trading in the flat territory on Friday as investors monitored economic data, corporate earnings and the spread of the delta Covid-19 variant.

The pan-European Stoxx 600 hovering in the flat zone, with travel and leisure stocks climbed, while basic resources slipped in today’s session. CAC dipped 0.52%, DAX is slightly down and FTSE was up by 0.20% at this hour.

Meanwhile, U.S. stock futures were inched fractionally higher in early premarket trade as Wall Street pored over its first major week of second-quarter corporate earnings.

On the earning front, Richemont, Rio Tinto and Ericsson will declare their numbers today, while Burberry issued a promising first-quarter trading update.

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( With inputs from indiainfoline)