European stocks poised to open lower as coronavirus overshadows upcoming US jobs data

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

European markets are expected to open lower Thursday as global market sentiment sours once again amid the coronavirus outbreak.

London's FTSE index is seen 77 points lower at 5,547, Germany's DAX is expected to open 141 points lower at 9,677 and France's CAC is seen 48 points lower at 4,350, according to IG. Italy's FTSE MIB is expected to open 136 points lower at 16,650.

Global market sentiment has declined ahead of the latest U.S. jobless claims data that's expected to show a massive spike in unemployment claims after businesses stateside closed their doors to try to slow the spread of the coronavirus. European markets are expected to open lower Thursday as global market sentiment sours once again, ahead of upcoming U.S. jobless claims data.

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:

 /  🏆 12. in CA
 

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

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus Triggers Record Drops in U.S., European Business ActivityThe U.S. and Europe saw record declines in business activity in March, as economic activity slowed around the world due to measures aimed at containing the new coronavirus. Oh really likely it will collapse What a prognosticator!
Source: WSJ - 🏆 98. / 63 Read more »