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The Breakfast Briefing: Europe & Asia: Banks, Utilities Drag European Stocks Lower
FYI: Stocks in Europe opened lowered on Thursday, dragged down by declines in utility and banking stocks, in what is likely to be light trading due to the Thanksgiving holiday in the U.S.
The Stoxx Europe 600 slipped 0.5% in early trade after rising over 1% on Wednesday to snap a five-day-losing streak. U.S. futures edged down after the S&P 500 rose 0.3% on Wednesday as markets stabilized following a volatile start to the week. Markets in the Asia-Pacific region were mostly higher Thursday, led by indexes in Australia and Japan. Regards, Ted
