European Stocks Expected to Open Lower Amid Rising Oil Prices and Economic Concerns
European stocks are expected to open in negative territory as concerns over a potential new coronavirus mutation and rising oil prices weigh on market sentiment. Oil prices increased due to reports of U.S. intercepting Iranian oil tankers, adding to regional economic worries. Germany's economic growth forecasts were downgraded, contributing to the market's downturn.
Topics: coronavirus mutation economic forecasts European stocks Iran tensions market sentiment oil prices