European stocks are expected to open around the flatline on Wednesday as markets the latest data and monitor the region's latest Covid surge.
European markets continue to monitor the acute Covid crisis in the region this week, with more countries considering stricter Covid restrictions and partial lockdowns to curb rising infections.
Germany is expected to make a decision on stricter measures on Wednesday amid a surge in cases there, and France recorded more than 30,000 new daily infections on Tuesday for the first time since August. Investors are also digesting the latest business activity data from the region; European stocks retreated on Tuesday, closing lower, despite data showing that euro zone business activity grew unexpectedly in November.
IHS Markit's flash composite purchasing manager's index , a useful gauge of economic health, climbed to 55.8 in November from 54.2 in October, greatly outstripping expectations in a Reuters poll of economists for a drop to 53.2. However, optimism about the immediate future for economic activity declined. It came amid a fresh wave of Covid-19 infections across the region and surging prices, and the outlook deteriorated for December.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 Coronavirus Cases Increase By 16.1%, Raising Concerns Of Winter Delta SurgeHere is what will be working for and against the Covid-19 coronavirus in the coming months.
Read more »
Pfizer COVID Vaccine Is 100% Effective in Adolescents: StudyA two-dose series of the Pfizer COVID-19 vaccine was 100% effective against COVID-19, measured between 7 days and 4 months after the second dose, the company announced this week.
Read more »
How to Talk to Your Family About COVID-19 Before the HolidaysIt’s entirely possible to love and dread the holidays at the same time—especially in 2021, which promises awkward conversations along with glad tidings and good...
Read more »
COVID-19 During Pregnancy May Increase Stillbirth Risk by a Staggering AmountIt's yet another tragic facet of the pandemic.
Read more »
Unvaccinated man relearning to walk after COVID complications, urges others get shotJustin Moon, a former University of Alabama football player, was hospitalized with COVID-19 and was legally dead for four minutes.
Read more »
Detroit automakers ask union workers to submit Covid vaccination statusThe Detroit automakers are asking their roughly 153,000 plant employees represented by the UAW to voluntarily submit their Covid-19 vaccination status.
Read more »