European Market Updates

European Shares Seen Up In Cautious Trade

European stocks are likely to open higher on Wednesday after Wall Street stocks bounced back from an early slide to end on a mixed note overnight, thanks to a recovery in technology stocks.

Asian markets were broadly lower as fears of an economic downturn deepened. Fresh COVID-19 outbreaks in China put millions under lockdown in major tourist cities, adding to uncertainty on growth prospects.

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by RTTNews Staff Writer

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