European markets open to close: stocks, data, and earnings

From CNBC: 2025-05-05 03:13:00

European markets opened mixed with U.K. closed for a holiday. German DAX up 0.17%, Italy’s FTSE MIB down 0.36%, and French CAC 40 fell 0.33%. Swiss inflation at 0% in April, lower than expected. Major companies like Novo Nordisk and BMW to report earnings. Central Banks in Europe set to announce interest rate decisions.

Asian markets closed for a holiday, Australian stocks fell after PM Albanese secured a second consecutive term. U.S. stock futures lower after S&P 500’s positive streak. Trade tensions and deals with key partners remain top concerns. Federal Reserve likely to keep interest rates steady in upcoming decision.



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