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European Shares Seen Mostly Higher At Open
Applied MaterialsApplied Materials(US:AMAT) RTTNewsยท2025-11-12 05:40

Group 1 - European stocks are expected to open higher as traders anticipate the end of the longest government shutdown in U.S. history, with a spending bill heading to the House for a likely pass [1] - U.S. stocks ended mixed, with concerns about AI-related stocks impacting performance despite progress towards ending the government shutdown [4] - The Dow Jones Industrial Average rose 1.2% to a record close, while the S&P 500 increased by 0.2%, and the Nasdaq Composite fell by 0.3% after SoftBank sold its entire stake in Nvidia Corp for $5.83 billion [5] Group 2 - Economists are predicting a quarter-point rate cut due to a deteriorating labor market and cooling inflation, with attention on upcoming German inflation data for insights into the European Central Bank's policy [2] - Major companies such as Cisco, Disney, and Applied Materials are set to report their financial results this week, which could influence market sentiment [2] - European stocks closed at a record high, with the pan-European Stoxx 600 rising by 1.3%, driven by expectations of U.S. shutdown relief and Bank of England rate-cut bets [6]