European Stocks Head Lower on Violent Protests
European equity markets were poised to open lower on Monday as widespread protests in France escalated into violent clashes between police and demonstrators over the weekend. Unrest also spread across major cities in Belgium, Italy, and Portugal, dampening investor sentiment across the region. Meanwhile, markets remained cautious over geopolitical tensions in Eastern Europe as Moscow and Kyiv continued targeting energy infrastructure. Ukrainian strikes set ablaze an oil export terminal and a storage depot in St. Petersburg on Sunday, adding to regional uncertainty. No major economic data releases or corporate earnings announcements are scheduled in Europe on Monday. In premarket trading, Euro Stoxx 50 futures fell 0.3%, while Stoxx 600 futures declined 0.2%.
European equity markets were poised to open lower on Monday as widespread protests in France escalated into violent clashes between police and demonstrators over the weekend. Unrest also spread across major cities in Belgium, Italy, and Portugal, dampening investor sentiment across the region. Meanwhile, markets remained cautious over geopolitical tensions in Eastern Europe as Moscow and Kyiv continued targeting energy infrastructure. Ukrainian strikes set ablaze an oil export terminal and a storage depot in St.
Petersburg on Sunday, adding to regional uncertainty. No major economic data releases or corporate earnings announcements are scheduled in Europe on Monday. In premarket trading, Euro Stoxx 50 futures fell 0.3%, while Stoxx 600 futures declined 0.2%.