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European shares are set for a broadly lower open Wednesday as investors react to escalating Middle East hostilities and await the ECB rate decision on Thursday; Brent crude edged toward $100 a barrel.
Brown-Forman said first-quarter fiscal 2027 results were largely in line with expectations and reaffirmed full-year guidance for flat organic net sales and a 3% to 5% decline in organic operating income.
European equity futures pointed to a lower open Wednesday, extending losses for a third session. Oil prices rose on renewed Middle East fighting, while yields climbed on inflation and fiscal concerns; ECB hike is priced for next week.