European stocks open mixed on Monday, with FTSE expected to rise and DAX, CAC 40, and FTSE MIB forecasted to decline.
European stocks are set to open mixed on Monday, with the U.K.'s FTSE expected to rise, while Germany's DAX, France's CAC 40, and Italy's FTSE MIB are forecasted to decline. This follows a higher close on the last trading day of August amid speculation of U.S. Federal Reserve rate cuts. Meanwhile, Asian markets fell due to weak manufacturing data from China. U.S. markets are closed for Labor Day, and key manufacturing PMIs will be released in Europe.
September 02, 2024
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