India, May 15 -- Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
Wall Street had closed on a mixed note on Wednesday amidst persisting trade related uncertainties and strength in the tech sector. The Dow Jones Industrial Average shed 0.21 percent to finish trading at 42,051.06. The Nasdaq Composite however rallied 0.72 percent to close trading at 19,146.81.
European markets had closed on a negative note on Wednesday amidst disappointing corporate updates as w...