PARIS (Reuters) – Major European stock markets opened lower on Friday as US rate concerns weighed on sentiment.
In Paris, the CAC 40 fell 0.58% to 7,150.13 points around 07:27 GMT. In Frankfurt, the Dax fell 0.55%, against 0.41% for the FTSE in London.
The pan-European FTSEurofirst 300 index dropped 0.41%, the EuroStoxx 50 0.44% and the Stoxx 600 0.52%.
New York index futures suggest a mixed opening on Wall Street, with both the Dow Jones and the Standard & Poor’s 500 stable, while the Nasdaq fell 0.10%.
A set of indicators published this week confirmed the resilience of the US economy to the tightening of monetary conditions.
Retail sales, industrial production and new jobless claims were thus above consensus, with the number of new job seekers even showing a decline.
These indicators have supported the findings of members of the Board of Governors of the Federal Reserve, who believe, according to the minutes of the last monetary policy meeting published this week, that the persistence of inflation could justify rising again rates.
In values, SUSE soared 58.56% after announcing that its majority shareholder EQT would delist it at a price of 16 euros per share.
(Writing by Corentin Chapron, editing by Kate Entringer)
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