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European stocks seen inching higher as investors watch data, U.S. tech

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European markets are set for a muted open Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week's rout, while awaiting key economic data due out of the euro zone.

Tensions between Washington and Beijing remain on the radar after U.S. President Donald Trump on Monday again raised the idea of an economic "decoupling" from China.

Back in Europe, the U.K. is planning to ramp up its preparations to leave the European Union without a deal if no free trade accord can be reached this week. The Financial Times reported that Prime Minister Boris Johnson's government intends to legislate to override aspects of the Withdrawal Agreement it signed in January, with the EU warning Monday that there will be no deal if this course of action is pursued.

Coronavirus concerns are also back on the agenda after the U.K. reported almost 3,000 new daily cases on both Sunday and Monday, with England's deputy chief medical officer saying the situation is now a serious concern.

 

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global equities to BULLS US tech stock will trade higher as healthy sell-off seen recently

U.S. Tech Sector Elise_Jordan OMFG MSNBC This is Bullsshit. Explaining it Fundamentally U.S. sucks. other ppl are cool and I like IPhones.... hmmmm jimcramer

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