European stocks are expected to open lower Thursday, as global markets see renewed volatility after a brief recovery following last week's tumultuous trading.
European stocks closed lower on Wednesday, reversing gains made in the previous sessions as global volatility continued and market sentiment shifted to a more negative setting amid fears over surging inflation and slowing economic growth. LONDON — European stocks are expected to open lower Thursday, as global markets see renewed volatility after a brief recovery following last week's tumultuous trading.
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Treasury yields fall as stocks stumble ahead of testimony by Fed's PowellTreasury yields pull back Wednesday ahead of the first of two days of congressional testimony by Federal Reserve Chair Jerome Powell.
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