European Markets Decline After U.S. Inflation Data; Italy's FTSE MIB Down 2.6% on Political Upheaval

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European stocks are expected to open slightly higher on Thursday as global markets digest the latest U.S. inflation data.

index was down 2.6% ahead of a parliamentary confidence vote that could trigger the collapse of the coalition government.

European stocks closed lower Wednesday as investors reacted to hotter-than-expected U.S. inflation data. The consumer price index, a broad measure of everyday goods and services, soared 9.1% in June from a year ago, and above the 8.8% Dow Jones estimate.

 

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