European stocks are set for a mixed open Friday following upbeat economic data out of the U.S. and China, while a spike in U.S. coronavirus infections tempers optimism.
Market focus remains attuned to news of a resurgence in coronavirus cases stateside, with a Reuters tally showing that the U.S. reported more than 55,000 new cases on Thursday, a global daily record. Top White House infectious disease expertBack in Europe, German car sales plunged 40% in June to a 30-year low, according to German newspaper Tagesspiegel. Meanwhile, British factories are increasingly expecting to lay off workers, a survey from sector group Make U.K.
Final IHS Markit services and composite PMI readings are expected out of the euro zone Friday morning, and could offer further insight into the health of the bloc's attempted economic recovery.
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