[MARKET UPDATE] European & US equity futures fall to fresh lows, limited newsflow but the NQ -0.7% underperforms amid the elevated yield environment & downside in META after an EU update

European & US equity futures fall to fresh lows, limited newsflow but the NQ -0.7% underperforms amid the elevated yield environment & downside in META after an EU update.

European and US equity futures are retreating to fresh lows, primarily influenced by rising yields which continue to put pressure on risk assets. The Nasdaq is notably underperforming, particularly affected by negative sentiment surrounding META, which suggests that sector-specific news can significantly impact equity performance even in a generally weak environment.