Tepid tones in early trades

  • German DAX futures -0.1%
  • UK FTSE futures flat
  • Spanish IBEX futures +0.1%

The overall risk mood is looking rather tentative and cautious, not helped by a drag in tech stocks after more Elon Musk shenanigans over the weekend here.

US futures are also slightly lower, with S&P 500 futures down 0.2%, Nasdaq futures down 0.4%, and Dow futures down 0.1% - all coming off record highs from last week.