The LFB submits:

European markets traded near the break-even line Friday, but favored the red side, following the strong selling seen on Thursday. The S&P futures market had a 4 point range overnight and moved on a weak momentum ahead of the U.S. July 4th Holiday weekend that had the market closed on Friday.

During the Asian session, the Wall Street futures were able to hold above the break-even line, but shortly after the London open, the market retraced some parts of those gains. Moreover, the German Dax and the U.K. FTSE opened the cash session a few points into the green, but then fell below it relatively quickly.

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