Nasdaq: European Shares Seen Tad Lower As Investors Await US Inflation Data

From Nasdaq:



European stocks are expected to open lower as investors await the U.S. inflation reading. The Fed’s preferred inflation gauge, along with a report on personal income and spending, might provide clues to future policy. Asian markets and U.S. stocks saw modest gains, with oil prices rising and Angola announcing its departure from OPEC. U.S. stocks rose after a wave of data showing lower-than-expected GDP growth, inflation, jobless claims, and regional business activity. European stocks closed lower on Thursday after two days of gains, with the STOXX 600, DAX, FTSE 100, and CAC 40 all slipping.



Original: European Shares Seen Tad Lower As Investors Await US Inflation Data