EMEA Morning Briefing  :  Stocks Seen Lower Amid Risk-Off Bias

Germany labor market statistics (including unemployment); trading update from Ryanair Opening Call: Stock futures traded lower tracking declines in Asian stock benchmarks; the dollar weakened while oil futures and gold also declined. Equities: European stock futures were lower early Wednesday amid a slight risk-off sentiment. U.S. stocks finished mostly lower Tuesday as investors took profits after a 2023 rally that left the S&P 500 index just shy of a fresh record. There are news headlines to consider, but also a mood check, especially after 2023 went out with a big bang, said Steve Sosnick, chief strategist at Interactive Brokers. “The mentality today is less about finishing the year on a positive note and more about the normal ebb and flow…

Source: Market Screener
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