The Euro Stoxx 600 index, which closely tracks European stock markets, opened on Monday with a 0.3 percent decline. This was reflected in other European indices as well, with Great Britain’s FTSE 100 opening down 0.3 percent, Germany’s DAX index down 0.1 percent, and Sweden’s OMXS30 index down 0.3 percent. The biggest decliners in the Euro Stoxx 50 index, made up of Europe’s largest companies, were in the financial sector.
Following Tuesday’s decline in Asian markets, the downward trend seems to have extended to the European continent. Investors are now looking ahead to the earnings release of US chip manufacturer Nvidia on Wednesday.
Based on futures, it is predicted that Wall Street will trade sideways in the coming days. The focus remains on how events unfold in the global market and the impact of various economic factors on stock performance. Despite recent downturns, market participants are closely monitoring trends and adjusting their strategies accordingly.
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