European markets set for higher open as U.S., Asia-Pacific stocks bounce back

FAN Editor

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024.

Betty Laura Zapata | Bloomberg | Getty Images

LONDON — European markets were poised to rise at the Friday open, as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher.

The U.K.’s FTSE 100 was last set to open 15 points higher at 8,159, according to IG, while France’s CAC 40 was set to add 12 points to reach 7,264 and Germany’s DAX was on track to add 26 points to 17,696. Italy’s MIB was last set to gain 66 points and climb to 31,993.

European markets

Stock picks and investing trends from CNBC Pro:

Back in Europe, Hargreaves Lansdown and Lanxess are set to report quarterly earnings. On the data front, final July inflation prints are expected from Germany and Italy.

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