European stocks are likely to open higher on Wednesday after regulators blamed the role of social media and Silicon Valley Bank management for its collapse and insisted the collapse was not so much a failure of regulation.
Asian stocks traded mixed, with Hong Kong markets leading regional gains after e-commerce giant Alibaba announced a plan to break up the company.
The gains, if any, remained capped by an overnight bounce in U.S. Treasury yields.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.