European stocks are likely to open on a steady note Tuesday after China reported a drop in the number of daily infections for the first time in more than a week and the country's regulator announced new measures to support the property sector.Meanwhile, amid unrest over COVID-19 restrictions, China's state council will hold a press conference at 3 p.m. Beijing time.Asian markets were broadly highe...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.