European stocks set to lose ground after Fed's Powell says equities are 'highly valued'
CNBCยท2025-09-24 06:31
European shares look poised to open lower on Wednesday, as investors react to a suggestion from Federal Reserve Chair Jerome Powell that equities are "fairly highly valued."London's FTSE 100 is expected to open 0.2% lower, according to IG, while the German DAX and France's CAC 40 are slated to shed 0.3% and 0.4%, respectively.Overnight in Asia, shares broadly moved lower, while U.S. stock futures were flat in the early hours of Wednesday morning.Global markets were rattled after Federal Reserve Chair Jerome ...