European Shares Seen Flat To Lower At Open

From Nasdaq: 2025-05-28 01:37:00

European stocks are expected to open flat to slightly lower on Wednesday, with a focus on Nvidia earnings and FOMC meeting minutes. Major retailers like Macy’s and Dick’s Sporting Goods are set to report. Cybersecurity firm Okta beat Q1 expectations but shares fell due to guidance concerns. Temu owner PDD Holdings reported lower-than-expected sales and earnings. Asian markets were flat to slightly lower, with U.S. debt levels causing investor anxiety. Gold prices rose, while oil traded higher on concerns over potential sanctions. U.S. stocks surged as Trump delayed tariffs and consumer confidence rebounded. European stocks closed higher on Tuesday, with the German DAX reaching a new record high. The FTSE 100 and CAC 40 also saw gains.



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