News Formal

Europe stocks open cautiously higher as investors await Nvidia results

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

European stock markets opened cautiously higher Wednesday, with attention focused on earnings and central bank comments in the U.S.

Speculation continues around whether Federal Reserve Chair Jerome Powell will

It will be hard for central bankers meeting at the Jackson Hole symposium not to rattle the bond market, Altaf Kassam, head of investment strategy and research at State Street Global Advisors, told CNBC's ""What they're desperate to avoid is a repeat of what happened in the early 80s where they called victory on inflation, started easing monetary policy and then inflation spiked back up in their face," he said.

The U.K.'s FTSE 100 was seen opening 17 points higher at 7,292, Germany's DAX up by 61 points to 15,768, and France's CAC 40 was on course to open 18 points higher at 7,262.CNBC Pro: These 2 'secular' growth stocks are likely to keep rising despite rate hikes, fund managers say

 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Europe stocks set to open higher; investors await Nvidia resultsEuropean stock markets look set to open higher Wednesday, maintaining positive momentum.
Source: nbcsandiego - 🏆 524. / 51 Read more »

This chip stock could yield a quick profit, depending on Nvidia's earnings, Morgan Stanley saysHow well Nvidia performs Wednesday could have implications for this derivative play, according to Morgan Stanley.
Source: CNBC - 🏆 12. / 72 Read more »

Nvidia's stock looks to snap losing streak as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the upcoming report.
Source: MarketWatch - 🏆 3. / 97 Read more »

Nvidia’s stock snaps losing streak and sits 1% below record close as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the company's report.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earningsAsian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week.
Source: AP - 🏆 728. / 51 Read more »