European stocks opened lower as traders react to initial results from the EU Parliament elections.
index was down 0.65% in early deals, as all sectors bar travel fell into the red. Construction stocks fell 1.5%.Initial results of the EU elections show populist, far-right parties could have a bigger hand in European policymaking over the next five years.
Regional investors will also be looking ahead to the next U.S. inflation data on Wednesday, as well as the next meeting of the U.S. Federal Reserve. Both come after a stronger-than-expectedto lower interest rates. Traders don't expect the Federal Open Market Committee to cut rates at its meeting this week or the next meeting in July.
Overnight, Asia-Pacific markets were mixed, with a few markets are closed for a holiday Monday, including Australia, mainland China, Hong Kong and Taiwan. Meanwhile,Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyWe spent $14 million to convert this abandoned stadium into luxe apartments
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