European Shares Seen Mostly Higher In Cautious Trade

European stocks are seen opening higher on Thursday, even as technology stocks may come under selling pressure on concerns that a Democratic-led U.S. Congress could push for tighter regulation of AI development and data center construction, which could lead to a slowdown in capex.

Broader markets may extend gains from the previous session as global bond yields eased and Brent crude prices plummeted to $94 a barrel on hopes that the U.S.-Iran war could end soon.