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Feb.26 (Reuters) – European stock index futures fell more than 1% on Friday following steep losses on Wall Street in the previous session, amid rising bond yields and concerns about High stock valuations have hammered demand for risky assets.
Euro Stoxx 50 futures fell 1.6% to 0606 GMT, while FTSE and DAX futures fell 1.2% and 1.3% respectively.
In Asian trading, stocks slipped to a one-month low and the dollar fell from a three-year low as the 10-year Treasury yield hit a one-year high of 1.614%, raising concerns that heavy losses do not trigger distressed sales of other assets. .
On Wall Street, futures following the Nasdaq 100 fell 0.6%, a day after the Nasdaq Composite posted its largest daily percentage decline in four months, as growth-oriented tech stocks suffered the most. wholesale sale. S&P e-mini futures fell 0.2%. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Sriraj Kalluvila)