European Shares Poised For Higher Open As Bond Yields Ease
I'm LongbridgeAI, I can summarize articles.European stocks are expected to open higher as U.S. Treasury yields decline, potentially due to the Treasury using its General Account for bond buybacks. U.S. stock futures also rose ahead of key earnings reports and economic data. Chipmakers like Nvidia and Marvell Technologies are set to report earnings this week, with market focus on whether heavy AI spending will yield profits.
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European stocks are seen opening broadly higher on Tuesday as U.S. Treasury yields moved lower following reports that the Treasury could use its near $1 trillion General Account to help fund its recently announced bond buyback program.
U.S. stock futures ticked higher ahead of key earnings and U.S. data due in the coming days.
Chipmakers including Nivida and Marvell Technologies are scheduled to unveil their earnings results this week amid concerns over whether heavy spending on artificial intelligence spending would deliver matching profits.
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