Europe's stocks head for negative open amid concerns over recovery, PMIs ahead

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European stocks are set to open lower on Wednesday amid renewed concerns over the global economic recovery outlook amid rising Covid infections in Europe.

London's FTSE is seen opening 31 points lower at 6,671, Germany's DAX 78 points lower at 14,604, France's CAC 40 down 21 points at 5,928 and Italy's FTSE MIB 113 points lower at 23,749, according to IG.

LONDON — European stocks are expected to open lower on Wednesday amid renewed concerns over the global economic recovery outlook, given a surge of Covid infections in Europe and renewed lockdowns.

 

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Looks as though the next couple of months are going to be a roller coaster. Certainly not for the faint of heart. I’m patient. I’ll stay invested in the equity markets (US) and ride this wave! Maybe even buy the market “on sale” 😊

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