Markets in Europe are expected to open weak on Wednesday amidst a renewed focus on the Fed ahead of release of key data later in the week. Recent Fed commentary has led to fresh anxiety on the course of the monetary policy in the U.S. Global corporate earnings updates are also expected to sway sentiment, as trading progresses.
Wall Street had closed on a negative note on Tuesday amidst mixed earnings updates and a firm focus on the Fed. The Nasdaq Composite shed 0.04 percent to close at 12,153.41 whereas the Dow Jones Industrial Average lost 0.03 percent to finish trading at 33,976.63.
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Business News
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.