European stocks open mixed amid downbeat market sentiment

Core inflation in the euro zone is stagnating, but measures taken by the European Central Bank are starting to bear fruit, according to Dutch central bank governor Klaas Nott.

The ECB has hiked rates by a total of 375 basis points over the past year to combat soaring inflation, according to Reuters, and money markets are pricing in two more 25 basis point hikes at the next Governing Council meeting. It seems that there are

— Hannah Ward-Grenton

Some analysts say the removal of debt ceilings, such as the influx of Treasuries, presents an opportunity for investors, but also a potential minefield.

Citi said in a June 4 report that it expects a net increase in U.S. Treasury bill issuance of about $400 billion in the near term, most of which will be short-term bills.

Here’s how analysts recommend how to trade the aftermath of the debt ceiling.

— Tan Weizhen

Tech giant Nvidia became a Wall Street darling this year as its stock price surged relentlessly as demand for artificial intelligence surged.

But Ark Invest’s flagship Ark Innovation ETF pulled out of Nvidia for good in early January before the chipmaker enjoyed a strong rally that pushed it to a $1 trillion market cap.

Ark Invest research director Frank Downing told CNBC about the investment firm’s decision to exit Nvidia’s position in its flagship fund.

CNBC Pro subscribers can read more here.

— Ganesh Rao

European markets are expected to start mixed trading on Tuesday.

The UK’s FTSE 100 index fell 8 points to 7,591, Germany’s DAX fell 15 points to 15,947, France’s CAC remained flat at 7,196, and Italy’s FTSE MIB opened 21 points higher at 26,848, according to IG data. is expected.

The data release includes Eurozone retail sales for April. No major earnings announcements.

— Holly Eliyat