Stock Groups

Open to close after Wall Street sell-off


LONDON — European markets are expected to pull back slightly on Friday, tracking global caution after Wall Street posted its worst day since 2020.

Britain’s FTSE 100can be seen between 20 and 7,483, Germany DAXFrance will see a drop of around 57 points, to 13,846. CAC 40It is predicted that the number of points will drop by around 55 to 6,313.

The Dow Jones Industrial AverageMore than 1000 points plunged and the Nasdaq Composite dropped nearly 5% Thursday. Wednesday’s rally. Initial relief after the Federal Reserve“The ruling out of more aggressive hikesFears that an abrupt hike to curb inflation and slow down economic growth gave way again, it seems.

U.S. stock futuresThere was little movement in premarket trade Friday morning ahead of closely watched April job report.

Shares in Asia-PacificAlso, Friday’s decline was largely due to Hong Kong’s. Hang Seng indexRegional losses are leading after tech stocks sell off in response to the overnight decline of Nasdaq, tech-heavy Nasdaq.

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The European share price movements are still affected by earnings. AdidasBritish Airways parent IAGAmong those who reported before Friday’s bell.

Investors also monitor Russia’s progress in eastern and southern UkraineAs its forces seem to have increased assaults in these regions.

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