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European stock index futures turned negative early on Wednesday, quickly reversing gains notched up after Barack Obama scored a decisive win in the U.S. presidential election.
At 0717 GMT, futures for the DJ Euro Stoxx 50 fell 0.3 percent, while futures for the DAX 30 and the CAC 40 lost 0.4 percent.
Analysts said that an Obama win had been largely priced in after six days of gains for European shares.
The pan-European FTSEurofirst 300 index ended the previous session up 4.3 percent at 974.15 points, hitting a one-month closing high.
In Asia, Japan's Nikkei rose 4.5 percent.
Major U.S. stock indexes rose between about 3 and 4 percent in the biggest Election Day rally ever on Tuesday.
The new Obama administration, which takes office in January, will face the world's worst financial crisis since the Great Depression, and a potentially steep slowdown in the global economy that has pounded markets from Tokyo to Frankfurt to New York.
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