European Stocks Seen Sharply Lower; Eurozone Q3 GDP Due | Oct 30, 2020 at 1:00 AM
  • European stock markets are seen opening sharply lower Friday, ending the week with confidence at a low ebb given fears of more economic damage from fresh Covid-inspired lockdowns and with next week’s U.S. presidential election causing uncertainty.
  • At 2 AM ET (0700 GMT), the DAX futures contract in Germany traded 1.6% lower, CAC 40 futures in France dropped 1.5% and the FTSE 100 futures contract in the U.K. fell 1.2%.
  • The tech sector will also also be in the spotlight after corporate behemoths Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL) all released results after the U.S. close Thursday.