Elsewhere, investors will also likely monitor the visit of U.S. Treasury Secretary Janet Yellen to China given the threat of a worsening trade conflict between the two countries after China imposed curbs on the export of key chipmaking materials to the U.S. earlier this week.In corporate news, Airbus stock fell 1% despite Reuters reporting that the European aircraft maker increased deliveries by 6% in the first half of the year to reach 316 aircraft.
Staying in the sector, Norwegian Air Shuttle stock rose 1.5% after the carrier agreed to buy domestic peer Wideroe, seeing the potential for substantial annual synergies.Oil prices edged lower Thursday as concerns about additional interest rate hikes curbing economic activity in the U.S., the largest consumer of crude in the world, overshadowed shrinking U.S. stockpiles.showed that U.S. oil inventories shrank nearly 4.
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