LIVE MARKETS — Before the bell: Europe eyes firmer start, tech looks shaky
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at Before The Bell: Europe Eyes Firmer Start, Tech Looks Shaky European shares were set for a firmer start on Wednesday ahead of US inflation data that could help shape expectations about whether the Fed will raise rates again this year, while tech could remain under pressure even after ASML's sales forecast topped expectations. Shares in the world's largest supplier of chipmaking equipment were indicated around 1% lower after gains in South Korean tech heavyweights Samsung Electronics and SK Hynix faded, with their initial rebound running out of steam. Nasdaq futures were little changed. Euro STOXX 50, DAX and FTSE futures rose around 0.3%. Brent crude added 0.5% to trade above $106 a barrel, while benchmark 10-year U.S. Treasury yields edged lower in Asian trading as investors sought safety. Investors will also be watching earnings from BlackRock, Morgan Stanley and Bank of America on Wednesday, after a weak start to the US bank earnings season a day earlier. Ahead of US CPI data expected to show headline inflation accelerated to 3.6% in
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at Before The Bell: Europe Eyes Firmer Start, Tech Looks Shaky European shares were set for a firmer start on Wednesday ahead of US inflation data that could help shape expectations about whether the Fed will raise rates again this year, while tech could remain under pressure even after ASML's sales forecast topped expectations.
Shares in the world's largest supplier of chipmaking equipment were indicated around 1% lower after gains in South Korean tech heavyweights Samsung Electronics and SK Hynix faded, with their initial rebound running out of steam. Nasdaq futures were little changed. 3%. S.
Treasury yields edged lower in Asian trading as investors sought safety. Investors will also be watching earnings from BlackRock, Morgan Stanley and Bank of America on Wednesday, after a weak start to the US bank earnings season a day earlier. 6% chance of a Fed rate hike next month, according to CME's FedWatch tool. S.
5 billion. Proxy adviser ISS urged Monte dei Paschi shareholders to reject the bank's proposed acquisitions of Banco BPM and Banca Generali. (Danilo Masoni) *** Earlier On Live Markets: Let The Doves Sing Click Here