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Europe heads for mixed open as markets digest Powell’s comments on cutting rates

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U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022.

Olivier Douliery- | Afp | Getty Images

LONDON — European stocks are expected to open in mixed territory Tuesday as investors assess the economic and political outlook in the region and beyond.

The U.K.’s FTSE index is seen opening 15 points lower at 8,164, Germany’s DAX down 19 points at 18,580, France’s CAC 40 up 7 points at 7,633 and Italy’s FTSE MIB down 31 points at 34,493, according to data from IG.

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