📆 Thursday, May 9
► The Stoxx 600 in Europe declined slightly, after four consecutive days of gains, with investors awaiting the Bank of England’s interest rate decision. Expectations are for the BOE to keep rates steady, but traders will be scrutinizing the vote for any dovish signals.
► US stock futures pointed to declines at the Wall Street open, with S&P 500 futures down 0.2%. Investors are digesting mixed earnings reports, notably from Airbnb and US-listed shares in Arm Holdings, both of which reported weaker-than-expected outlooks. Also Intel saw declines as the US revoked licenses to sell chips to Huawei Technologies. Fed Bank of Boston President Susan Collins signaled that interest rates might need to remain high for longer than previously anticipated to control inflation. Weekly jobless claims and the University of Michigan's consumer sentiment index are due later today, with inflation data expected next week.
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