European stocks are expected to open lower as investors worry about high valuations and uncertainty in interest rates and economic growth. U.S. jobless claims, durable goods orders, and home sales reports may impact trading. Fed officials, including San Francisco Fed President Mary Daly, are discussing further policy adjustments to balance inflation and employment goals. Asian markets were stable with sticky inflation and a slowing job market affecting the Federal Reserve’s rate messaging. U.S. stocks fell for the second day due to mixed Fed messages and Alibaba’s AI spending plans. Gold and crude oil prices were steady, and European stocks closed mixed.

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