European stocks are seen opening lower on Wednesday after U.S. stocks recorded their worst single-day losses in a month overnight on fears of an impending recession and lingering worries about the health of the banking sector.
That said, U.S. stock futures were trading higher following encouraging earnings updates from both Microsoft and Alphabet after the U.S. closing bell.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com