European markets open lower as investors await key economic data

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European markets open lower as investors await key economic data
European MarketsKey Economic DataU.S. Inflation Figures

European markets opened lower Tuesday as investors look ahead to more key economic data this week, including U.S. inflation figures out Wednesday. The index was down 0.2% in early deals as most sectors fell into the red after solid gains on Monday. Travel stocks led losses, down 0.5%, as mining stocks rose 0.7%. Shares rose to their highest level since October after the oil major said it expected higher upstream production in oil and gas in the first quarter. Struggling French IT consultancy Markets continue to see a roughly 50% chance of a cut in March, according to CME's FedWatch tool, although Minneapolis Fed President Neel Kashkari last week Ukraine war live updates: Moscow says ties with China are at post-Cold War peak; Russia scrambles to deal with massive floods European stocks were slightly lower early Tuesday, with the pan-European Stoxx 600 index down by 0.15% at 8:20 a.m. in London. Major bourses were in the red, with Germany's DAX down 0.4% and France's CAC 40 lower by 0.25%

European markets opened lower Tuesday as investors look ahead to more key economic data this week, including U.S. inflation figures out Wednesday.index was down 0.2% in early deals as most sectors fell into the red after solid gains on Monday.

Travel stocks led losses, down 0.5%, as mining stocks rose 0.7%.shares rose to their highest level since October after the oil major said it expected higher upstream production in oil and gas in the first quarter. Struggling French IT consultancyMarkets continue to see a roughly 50% chance of a cut in March, according to CME's FedWatch tool, although Minneapolis Fed President Neel Kashkari last weekUkraine war live updates: Moscow says ties with China are at post-Cold War peak; Russia scrambles to deal with massive floodsEuropean stocks were slightly lower early Tuesday, with the pan-European Stoxx 600 index down by 0.15% at 8:20 a.m. in London. Major bourses were in the red, with Germany's DAX down 0.4% and France's CAC 40 lower by 0.25%. The U.K.'s FTSE 100 nudged 0.08% lower.a series of requirements as it restructures its debt, including 600 million euros in cash to fund operations over the next two years. This will be raised through debt and equity from existing stakeholders or third-party investors, it said. It is targeting a BB credit profile by 2026, and its remaining debt maturities have been extended by five years. The company is set to run cybersecurity operations at the Paris Olympics and also has contracts with the French secret service. French authorities have already said they willThe data center sector is poised for fast growth in the years ahead, according to UBS. The investment bank predicts the data center sector will grow between 15% and 20% in 2024 and 2025, and"healthy" double-digit growth in the following years. CNBC Pro: This AI stock could fall 50% and has an 'exaggerated artificial intelligence narrative,' Morningstar says A global chip stock has risen significantly this year driven by what Morningstar calls the"AI buzzword" narrative.Stock futures are little changed as investors await March inflation dataTotal Eclipse 2024

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European Markets Key Economic Data U.S. Inflation Figures Travel Stocks Mining Stocks Oil Major Upstream Production French IT Consultancy Cut In March Ukraine War Moscow China Floods European Stocks Stoxx 600 Germany's DAX France's CAC 40

 

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