Europe before the bell: lots of worries to choose from
EWU•European shares were set to fall at the open, with Euro STOXX 50 and FTSE futures down about 0.5% as higher energy prices and tech jitters outweighed slightly lower bond yields. Third-quarter STOXX 600 earnings are expected to grow 20.7% year over year.
1. European shares set to fall
European shares were set to fall at the open as higher energy prices and renewed tech jitters outweighed slightly lower bond yields and a night of uneasy calm in France. Euro STOXX 50 and FTSE futures were each down about 0.5%.
2. Earnings in focus
Natural gas prices in Europe were around their highest since 2022. Third-quarter earnings for the STOXX 600 are expected to grow 20.7% from a year earlier. ABB said a boom in data-centre spending to power artificial intelligence helped push its quarterly orders to a record.
