Contracts on the S&P 500 edged higher after the underlying gauge closed at its highest level since Mid-September on Tuesday, while those on the Nasdaq 100 were little changed. The Stoxx Europe 600 traded at a fresh three-month high, as mining and energy stocks gained. Credit Suisse Group AG shares dropped below their record closing low after the bank warned of a fourth-quarter loss. Manchester United Plc shares jumped in U.S.
The publication of minutes from the Fed's Nov. 1-2 meeting -- due at 2 p.m. in Washington -- will be studied for how united policymakers were over a higher peak for interest rates than previously signaled in their inflation fight. Some investors anticipate that lower-than-estimated inflation figures could prompt the Fed to temper the size of its rate hikes as early as at next month's gathering.
European investors digested data showing that private-sector activity in Germany and France -- the euro area's top two economies -- contracted in November, painting a bleak picture for a region that may already be in recession. A separate survey showed that the UK economy is in recession, with the downturn expected to worsen into 2023.
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