Cac futures are steady in late European trade

CAC futures are steady in late European trade, with low-latency traders watching volume surges for breakout signals. Broader European market stability and narrowing credit spreads support the likelihood of sustained gains in the near term. Hitachi shares surged 10.3 percent after the conglomerate announced a strategic partnership with OpenAI to build AI infrastructure and expand data centers globally. Other tech firms followed suit, with Renesas Electronics climbing 7.3 percent and SoftBank Group rising 3.6 percent. It's just past 7 a.m. in the U.K. capital, and futures are pointing to broadly positive movement expected in regional stock markets at the open. Futures linked to the CAC 40 index gained 0.3% in pre-market trading, as a rally in global tech stocks lifted European sentiment. Market technicians watch the 7,670 resistance level closely—breaching it could accelerate momentum toward 7,700, fueled by cross-border equity fund inflows.