European stocks are expected to open lower, extending losses seen in previous sessions this week, as investors prepare for the latest U.S. inflation data.
European stocks traded lower on Wednesday, extending losses seen in previous sessions this week, as investors prepare for the latest inflation data from the United States.
The pan-European Stoxx 600 index traded 0.5% lower Wednesday morning with markets uncertain ahead of the latest inflation reading. LONDON — European stocks traded lower on Wednesday morning, extending losses seen in previous sessions this week as investors prepare for the latest inflation data from the United States.was trading 0.5% lower with markets uncertain ahead of the latest inflation reading. All sectors were in negative territory apart from oil and gas and technology stocks.
The June consumer price index is expected to show headline inflation in the U.S., including food and energy, rising above May's 8.6% level to 8.8%, according to estimates from Dow Jones.
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