From Nasdaq:

European stocks are expected to open higher as U.S. tech giants deliver strong financial results and bond yields decline due to weak U.S. economic data. Facebook’s Meta announces its first-ever dividend, Apple sees first revenue gain in over a year, and Amazon exceeds fourth-quarter revenue expectations. Asian markets and U.S. stock futures advance, while gold is on track for its best weekly gain in seven weeks. Oil faces the biggest weekly loss since early November after reports of a ceasefire agreement between Hamas and Israel. U.S. stocks rebound after a significant drop and Treasury yields slip on weaker labor market data.

In the U.S., jobless claims rose, and fourth quarter unit labor costs undershot forecasts, while U.S. business activity in the manufacturing sector continued to contract in January. European stocks close lower despite encouraging Eurozone inflation data, and signals from the Bank of England suggest possible lowering of borrowing costs this year. The pan European STOXX 600 dropped 0.4 percent, the German DAX decreased by 0.3 percent, France’s CAC 40 lost 0.9 percent, and the U.K.’s FTSE 100 slipped 0.1 percent.



Read more: European Shares Seen Opening Up On Earnings Optimism