LONDON — European markets are expected to unfastened successful the red, extending losses into a 2nd time aft hitting grounds highs past week.
The U.K.'s FTSE 100 is seen astir 0.2% down, France's CAC is acceptable to beryllium 0.1% beneath the flatline, and Germany's DAX is acceptable for a brushed open, according to information from IG Group.
The pan-European Stoxx 600 ended the erstwhile league 0.1% little connected Monday. Still, the benchmark has risen 14% higher this twelvemonth and, with a week to go, it looks connected way for its 3rd consecutive twelvemonth of gains.
Investors volition beryllium watching Novo Nordisk banal aft the Wegovy-maker gained FDA support for the first-ever GLP-1 pill, giving the Danish steadfast a caput commencement implicit U.S. rival Eli Lilly.
Elsewhere, Danish renewables giant Orsted shed 13% connected Monday aft the U.S. Department of the Interior said it was suspending leases on 5 offshore upwind projects already nether construction. Orsted successfully challenged the Trump administration's stop-order connected the nearly-completed Revolution Wind project disconnected Rhode Island erstwhile it was halted earlier this year.
GDP information from Spain is expected connected Tuesday.
Asia-Pacific markets opened mostly higher Tuesday, aft the AI commercialized lifted large Wall Street indexes overnight. Stateside, banal futures traded adjacent the flatline Monday nighttime aft a beardown commencement to a shortened trading week.
— CNBC's Elsa Ohlen and Lim Hui Jie contributed to this report.
English (US) ·