European stocks are seen opening broadly lower on Monday after an April rout in technology stocks deepened Friday, dragging the Nasdaq Composite to its worst monthly performance in more than a decade.
Asian stocks fell in thin trade, with markets in Malaysia, Singapore, Taiwan, China, Hong Kong and Indonesia closed for holidays.
Underlying sentiment was hit by concerns over inflation, the ongoing war in Ukraine and Covid-19 lockdowns in China.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.