European stocks are likely to open on a steady note Wednesday after major U.S. indexes rebounded overnight from a recent losing streak.
The upside, however, may remain capped as investors fret about China's economic recovery.
Profits at China's industrial firms tumbled 18.8 percent year-on-year in the first five months of 2023 amid a stumbling post-COVID economic recovery, data showed earlier today.
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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.