European markets have opened lower today, in line with overnight losses in the US and today’s mixed performance in the Asian markets, as investors mulled over billionaire activist investor Carl Icahn’s downbeat comment regarding recent surge in the US equity market. Further, disappointing Chinese FDI data also dampened market sentiment.
With no major domestic economic data during the day, investors eyed a statement from the US Federal Reserve’s outgoing Chairman, Ben Bernanke, due tomorrow, to get additional clues about Fed’s policy outlook.
European markets have opened lower today, in line with overnight losses in the US and today’s mixed performance in the Asian markets, as investors mulled over billionaire activist investor Carl Icahn’s downbeat comment regarding recent surge in the US equity market. Further, disappointing Chinese FDI data also dampened market sentiment.
With no major domestic economic data during the day, investors eyed a statement from the US Federal Reserve’s outgoing Chairman, Ben Bernanke, due tomorrow, to get additional clues about Fed’s policy outlook.
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