{"id":66459,"date":"2025-11-12T05:40:51","date_gmt":"2025-11-12T05:40:51","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/11\/12\/european-shares-seen-mostly-higher-at-open-3\/"},"modified":"2025-11-12T05:40:51","modified_gmt":"2025-11-12T05:40:51","slug":"european-shares-seen-mostly-higher-at-open-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/11\/12\/european-shares-seen-mostly-higher-at-open-3\/","title":{"rendered":"European Shares Seen Mostly Higher At Open"},"content":{"rendered":"
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European stocks are seen opening broadly higher on Wednesday as traders hope for the end of the longest government shutdown in U.S. history. <\/p>\n

A spending bill aimed at reopening the government heads to the House, where it is expected to be passed as soon as Wednesday afternoon.<\/p>\n

Investors also await speeches from several Fed officials, including Stephen Miran and Christopher Waller for additional clues on the rate outlook, heading into next month’s FOMC meeting. <\/p>\n

Economists currently bet on a quarter-point cut against the backdrop of a sharply deteriorating labor market and cooling inflation.<\/p>\n

Closer home, investors will monitor closely German inflation data to gain further impetus on the European Central Bank’s (ECB) policy outlook.<\/p>\n

On the earnings front, Cisco, Disney and Applied Materials are among the prominent companies due to report their financial results this week. <\/p>\n

Asian markets<\/span> were mixed, giving up some early gains as concerns persist about a potential Artificial Intelligence (AI)-driven market bubble.<\/p>\n

The dollar index was steady while gold drifted lower after three consecutive sessions of gains. Oil prices were moving lower after gaining about $1 on Tuesday.<\/p>\n

U.S. stocks ended mixed overnight as jitters about AI-related stocks offset reports of progress toward ending the longest government shutdown in U.S. history.<\/p>\n

Adding to signs of a deteriorating labor market, a weekly update of ADP’s preliminary payroll figures showed that private employers shed an average of 11,250 jobs a week in the four weeks ending October 25.<\/p>\n

Meanwhile, U.S. President Donald Trump warned of an economic and national security disaster if the Supreme Court ruled against his use of an emergency powers to impose sweeping tariffs.<\/p>\n

The Dow rallied 1.2 percent to notch a record close amid expectations that the shutdown will end this week.<\/p>\n

The S&P 500 rose 0.2 percent while the tech-heavy Nasdaq Composite shed 0.3 percent after Japan’s SoftBank Group sold its entire stake in Nvidia Corp for $5.83 billion to help bankroll AI investments.<\/p>\n

European stocks closed at a record high on Tuesday amid U.S. shutdown relief and BOE rate-cut bets.<\/p>\n

The pan European Stoxx 600 jumped 1.3 percent. The German DAX rose half a percent, France’s CAC 40 surged 1.3 percent and the U.K.’s FTSE 100 climbed 1.2 percent. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n