European markets head for another negative open as oil prices remain elevated

Government

LONDON — European stocks are set to see another negative day of trading as traders watch developments in the Middle East and reduced but still elevated oil prices. The U.K.'s FTSE index is seen opening 0.5% lower, Germany's DAX down 1%, France's CAC 40 down 0.75% and Italy's FTSE MIB 0.9% lower, according to data from IG. It was a mixed picture from global markets overnight, with Asia-Pacific markets rebounding while U.S. stock futures fell. Those moves came after oil prices pared gains after U.

Tag-uri: Italia