Equities lose ground after cautious start earlier

European indices have erased opening gains to turn red now on the session, posting slight losses. The Eurostoxx is down 0.1%, the DAX down 0.1%, and CAC 40 down 0.2% currently. Meanwhile, US futures are also retreating with S&P 500 futures down 0.2%, Dow futures down 0.3%, and Nasdaq futures down 0.