European Shares Seen Lower Before Big Tech Earnings, Fed Decision
I'm LongbridgeAI, I can summarize articles.European stocks are expected to open lower as investors await key cues from Big Tech earnings and the Federal Reserve's interest-rate decision. U.S. stock futures were mixed following an AI-driven rally that pushed U.S. stocks higher overnight. Meanwhile, South Korean chipmaker SK Hynix reported a record sevenfold surge in quarterly operating profit, beating expectations due to strong AI demand for memory chips.
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European stocks are seen opening lower on Wednesday as investors await cues from tech earnings and the upcoming Federal Reserve's interest-rate decision.
U.S. stock futures were mixed after an AI-fueled tech rally sent U.S. stocks to a higher close overnight.
Earlier today, South Korean chipmaker SK Hynix reported a more than sevenfold surge in quarterly operating profit to a record high, beating market expectations on robust AI-driven demand for memory chips.
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