European markets opened in negative territory on Monday, with investors in the region gearing up for a busy period of earnings and the European Central Bank’s latest interest rate decision.
On Thursday, the euro zone and core European economies France and Germany will report their latest growth data, and the European Central Bank and the U.S. Federal Reserve will be closely watched as they announce their latest monetary policy decisions.
Overnight in the Asia-Pacific region, Japan and Hong Kong markets traded mostly higher as investors assessed China’s manufacturing and industrial profit data.
U.S. stock futures fell early Monday as investors look ahead to a major earnings week, with four out of seven companies in the “Magnificent Seven'” set to post quarterly earnings: Meta Platforms, Microsoft and Tesla each report on Wednesday, and Apple will release results on Thursday.Â
