European stocks rebound from worst day in 2021, as U.S. futures remain negative

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stocks in Europe inched higher on Wednesday, rebounding slightly from the worst trading day of 2021 as U.S. stock market futures remain set to open lower.

Stocks in Europe inched higher on Wednesday, rebounding from the worst trading day of 2021 as U.S. stock market futures remain set to open lower.

A 1.97% decline on Tuesday marked the worst day for the Stoxx 600 index since Dec. 21, 2020, snapping a two-day winning streak including a fresh record high reached on Monday as 562 of its 600 components slid into the red. Poor trading in Europe on Tuesday followed a technology stock-led selloff in the U.S. on Monday amid rising concerns about U.S. inflation, with U.S. equities also finishing Tuesday in the red.

“Consumer price inflation in every economy is telling us about the oil price a year ago,” said Paul Donovan, the chief economist at UBS Global Wealth Management. “This is not a concern, but markets want to worry about something.”

 

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

Paywall

Normally I don’t do this, I don’t praise people for any reason,truth be told good work deserve appraisal,I wound deny the fact that I’m super jealousy of your hard work and skill. I’m proud of you and what you do in the life of people we need more people like you Sharon_cryptofx

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:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines