Stock markets in Europe are expected to trade lower on Monday amidst renewed geopolitical tensions in the Middle East as well as concerns about the Federal Reserve's independence. Tech-led gains in Wall Street on Friday and momentum in Asian markets on Monday are expected to limit losses.
Wall Street had closed on a positive note on Friday as investors reacted to the month labor market data. The Dow Jones Industrial Average added 0.48 percent to finish trading at 49,504.07. The tech-heavy Nasdaq Composite gained 0.81 percent to close trading at 23,671.35.
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