European stocks are seen opening broadly higher on Wednesday, though the upside may remain capped amid ongoing concerns over artificial intelligence-driven disruptions in the technology and other sectors.
As economic uncertainties mount, traders await reports on U.S. durable goods orders, housing starts and industrial production as well as the minutes of the latest Fed meeting later in the day for directional cues.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.