European stocks set for mixed open as markets await U.S. inflation data

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

News News

Business Business Latest News,Business Business Headlines

European stocks are expected to open in mixed territory on Wednesday as global markets focus on the latest U.S. inflation data set to be released later today.

LONDON — European stocks are expected to open in mixed territory on Wednesday as global markets focus on the latest U.S. inflation data set to be released later in the day.Traders have their eyes on two key economic reports out of the U.S. this week, with the consumer price index report for August due Wednesday, followed by the producer price index on Thursday.

The data comes before a widely anticipated interest rate cut at the Federal Reserve's Sept. 17-18 meeting that could help assuage concerns overNvidia may be the AI darling, but it's time to start looking at this chip stock, one CIO saysslipped Tuesday evening as investors awaited the inflation report and assessed the presidential debate between Republican presidential nominee Donald Trump and Vice President Kamala Harris.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyVolkswagen scraps a slew of labor agreements as standoff with unions intensifies

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines