European stocks look set to open on a tepid note Thursday as rising COVID cases in China following the easing of strict restrictions fueled concerns that countries might reinforce various curbs on travelers from the country.
Rising bond yields over fears that inflation could pick up on China's reopening may also keep investors on the sidelines.
Asian markets traded broadly lower, with benchmark indexes in Japan, Hong Kong, South Korea and Australia falling over 1 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.