Europe Markets: After U.S. tech gains, European stocks pause as ECB decision awaits
European stocks were steady on Thursday, ahead of a European Central Bank decision and press conference in which expectations are for the central bank to raise concerns about the rise of the euro.
Up 1.6% on Wednesday, the Stoxx Europe 600 SXXP,
U.S. stocks, particularly in the tech sector, broke a losing run on Wednesday, as the Nasdaq Composite COMP,
The ECB decision is due at 1:45 p.m. Central European time (7:45 a.m. Eastern), though analysts are focusing on the press conference with President Christine Lagarde at 2:30 p.m.
Attention also is in London, where an emergency meeting is being called on the U.K. decision to unilaterally amend its withdrawal agreement. Bloomberg News reported the European Union was considering a lawsuit.
Wm Morrison Supermarkets MRW,
Chemicals group Akzo Nobel AKZA,
Games Workshop GAW,
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, MarketWatch.com – Top Stories reports