European stocks are expected to open lower Wednesday as global markets take a downturn after a sell-off on Wall Street on Tuesday, prompted by surging bond yields and worse-than-expected earnings.
The U.K.'s FTSE index is seen opening 31 points lower at 7,533, Germany's DAX 73 points lower at 15,700, France's CAC 40 down 34 points at 7,100 and Italy's FTSE MIB 158 points lower at 27,325, according to data from IG. LONDON — European stocks are expected to open lower Wednesday as global markets take a downturn after a sell-off on Wall Street on Tuesday, prompted by rising bond yields and worse-than-expected earnings.
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