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Indonesia News Portal for Traders | Financial & Business Updates

21 November 2024 14:40  |

European Markets Set for Higher Open

European equity markets were set to open higher on Thursday, as investor sentiment stabilized following four consecutive days of selling.

However, caution remained in the air as Nvidia, the AI industry leader, reported earnings that surpassed quarterly estimates but showed signs of slowing growth.

Investors will also be focusing on a series of key economic reports from Europe, including new car registrations in the Eurozone and French business confidence data. There are no major earnings releases scheduled for the day. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures were both up by around 0.4%.

Source: Trading Economics

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