European stocks and Wall Street futures slipped on Wednesday, as investors assessed the latest batch of corporate results and looked ahead to a crucial set of US gross domestic product figures out later in the week.
The regional Stoxx Europe 600 and Germany’s Dax fell 0.4 per cent, while London’s FTSE 100 was steady.
Contracts tracking Wall Street’s blue-chip S&P 500 and those tracking the tech-heavy Nasdaq 100 fell 0.8 per cent and 1.4 per cent, respectively, ahead of the New York open.
The moves in equity markets came after Microsoft said projected revenue would hit between $50.5bn and $51.5bn in the current quarter, below analysts’ expectations. Shares in the company fell 1 per cent in pre-market trading.
Tesla reports its fourth-quarter figures later on Wednesday, with analysts polled by Refinitiv expecting earnings of $1.01 a share on revenue of $24.03bn, up from…
