British News Agency

According to analysts, the UK’s FTSE Index and France’s CAC 40 are expected to open flat, while Germany’s DAX is seen opening 0.13% lower and Italy’s FTSE MIB down 0.23%.

Deutsche Telekom, Schneider Electric, Allianz, Rolls-Royce, AXA, Munich Re, Engie, Eni, Saint-Gobain, London Stock Exchange Group, Stellantis and Covestro are set to report earnings on Thursday.

Data due for release include business confidence indices for Italy and Spain, as well as the EU economic confidence index.

The weaker start in Europe comes after a generally positive week despite uncertainties surrounding global trade following U.S. President Donald Trump’s tariff remarks last weekend.

Nevertheless, the implementation of a general 10% tariff instead of the threatened 15% rate reassured markets, shifting attention to earnings reports.

As investors digested Nvidia’s latest earnings, U.S. stock futures fell on Wednesday night. The chip giant reported its fourth-quarter earnings and revenue.

Most Asia-Pacific markets rose after technology stocks supported an overnight rally on Wall Street, with Japan’s Nikkei 225 Index reaching a record high.

The Nikkei 225 climbed 1.1% to an all-time high of 59,199.31, extending its rally to a third straight session. The broader Topix gained 1.45% to a new peak.