European Stock Futures Lower; November PMI Data in Focus

At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France dropped 0.2% and the FTSE 100 futures contract in the U.K. fell 0.4%. This renomination now heads to the Senate for confirmation, but the tech-heavy Nasdaq Composite and the Treasury market closed sharply lower as investors wagered that he will be more aggressive at tackling inflation than his potential replacement, Fed Governor Lael Brainard, would have been.