European markets set for somber open as investors digest Powell comments

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European markets set for somber open as investors digest Powell comments
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European stocks are expected to open lower on Thursday, as investors digest Fed Chairman Jerome Powell's comments and look ahead to more earnings and jobs data.

European stocks are expected to open lower on Thursday as investors digest inflation data from the U.S. and U.K. released yesterday, Fed Chairman Jerome Powell's comments and look ahead to more earnings and jobs data.

London's FTSE is seen opening 11 points lower at 7,087, Germany's DAX 18 points lower at 15,773, France's CAC 40 down 14 points at 6,545 and Italy's FTSE MIB 62 points lower at 25,007, according to IG. LONDON — European stocks are expected to open lower on Thursday, as investors digest inflation data from the U.S. and U.K. released yesterday, Fed Chairman Jerome Powell's comments and look ahead to more earnings and jobs data.

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