All eyes will be on the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, to see what happens at their meeting on Thursday.
MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.1% after the open in Europe.
Asian stock markets declined Monday after Wall Street hit a new high as investors looked ahead to manufacturing indicators from Japan, China and South Korea. Shanghai, Tokyo and Seoul declined. Trading in Hong Kong was suspended due to a weather alert. On Friday, Wall Street's S&P 500 index turned in its biggest weekly gain in four months. Investors have been encouraged by progress in Washington on an infrastructure spending plan. Markets have recovered from the Federal Reserve's announcement that it might start raising interest rates sooner than expected. The S&P's gain is generally telling of improving sentiment, said Mizuho Bank in a report. The Shanghai Composite Index rose less than 0.1% to 3,609.43 while the Nikkei 225 in Tokyo shed 0.3% to 28,984.93. The Kospi in Seoul shed 0.1% to 3,298.52 while the ASX-S&P 500 in Sydney slipped 0.1% to 7,299.00. New Zealand and Jakarta also declined, while Singapore advanced. Investors are looking ahead to monthly surveys of ...
Futures pointed to a higher open for share markets in Europe
The STOXX 600 was 0.3% lower on the day but was up around 1.5% from the lows it hit on Monday.
U.S. initial public offerings have already totalled $171 billion, eclipsing the 2020 record of $168 billion, according to data from Dealogic.
The readings have investors wondering if the Fed may come out of its meeting Wednesday with any indication it is tweaking its go-slow approach.
Traders around the world are looking for any hints about whether and when the Fed plans to taper its bond-buying programme as the U.S. economy bounces back from the pandemic fallout.
The two-day Fed meeting starts on Tuesday, with a final statement published after the meeting closes on Wednesday.
Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target
Brent futures rose 30 cents, or 0.4%, to settle at $72.52 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 33 cents, or 0.5%, to end at $70.29
The company on April 5 said its global sales rose 11% in the first nine weeks of its fiscal year.
Wall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week
AMC's stock rose just over 83% this past week
The difference now is that investors have poured billions of dollars into products tracking smaller and cheaper stocks in the past six months
The U.S. 10-year Treasury yield ticked up to 1.6% after ADP national employment data showed U.S. private payrolls increased by 978,000 in May
The shares soared 27 per cent to an intraday record on Wednesday after jumping 23 per cent the day before
U.S. equities inched higher at the open as some high valuations, including of so-called "meme stocks", fed into investor sentiment.
A third of teens say they are learning financial lessons from the internet and social media: survey
Data showed US manufacturing activity picked up in May as pent-up demand in a reopening economy boosted orders.