European Shares Set To Decline On Amazon’s Gloomy Outlook
From Nasdaq MarketSite: 2025-02-07 00:38:30
European stocks may open lower after Amazon’s fourth-quarter earnings beat expectations but revenue outlook missed. The company plans to invest over $100 billion in AI. Investors await U.S. jobs report, consumer sentiment, and inflation data for further direction. Asian markets mixed, with Chinese and Hong Kong stocks rising on DeepSeek AI optimism. Dollar steady, gold near record levels on tariff concerns. Oil prices set to decline for third week. U.S. stocks mixed as investors awaited Amazon earnings. Nasdaq and S&P 500 rose, Dow dipped. European stocks hit record high on BOE rate cut and earnings flurry. STOXX 600 up 1.2%.
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