European stocks expected to open lower on central bank meetings and negative geopolitical news

From Nasdaq MarketSite: 2024-12-17 00:47:51

European stocks are set for a subdued open as investors await key central bank meetings this week, including the Fed, BOJ, and BOE. The Fed is expected to cut interest rates for the third time this year. Asian markets were mixed, with China and Hong Kong declining. The dollar held steady, while U.S. stocks closed lower. Economic output in the U.S. hit a three-year high. The Nasdaq reached a record high, but the Dow fell for the eighth straight session. European stocks closed lower on Monday due to political turmoil in Germany and France and a credit rating downgrade for France by Moody’s.



Read more at Nasdaq MarketSite: European Shares Likely To Open On Soft Note