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

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.

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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!
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