European indexes were slipping in early trading Wednesday after Asian shares rose on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak.
France's CAC 40 slipped 0.3% to 5,916.83 in early trading, while Germany's DAX lost 0.3% to 13,247.33. Britain's FTSE 100 slipped 0.3% to 7,421.30. U.S. shares were set to drift lower with Dow futures down 0.2% at 28,722. S&P 500 futures were also down 0.2% at 3,291.90.
The gains reflected a broad rally on Wall Street overnight that drove the Dow Jones Industrial Average more than 400 points higher and gave the S&P 500 its best day in more than five months. Apple and Microsoft were among the tech-sector standouts. Like other major technology companies, they rely heavily on doing business with China. Health care, industrial, financial stocks also notched solid gains.
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