October 20, 2021

Investors monitor inflation data, Afghanistan crisis

LONDON — European markets are set to open slightly lower on Tuesday, on track to extend losses after snapping a 10-day winning streak in the previous session.

Of the major bourses, the U.K.’s FTSE 100 index was expected to open down around 10 points at 7,136, France’s CAC 40 was seen 4 points lower at 6,829, while Germany’s DAX was little changed at 15,894, according to IG.

Shares in Asia-Pacific were mostly lower overnight, with Chinese internet stocks in Hong Kong falling again as regulatory fears resurfaced. Tencent, Alibaba and JD.com were all seen trading lower, shortly after China’s market regulator issued draft rules designed to prevent unfair competition on the internet.

On Wall Street, U.S. stock index futures were seen slightly lower after the Dow and S&P 500 on Monday closed at record highs during regular trading.

Back in Europe, U.K. jobs data showed the number of employees…

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