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16.01.202606:33:27UTC+00European Markets Head for Lower Open

European equity markets were poised for a lower opening on Friday, even as optimism in the technology sector picked up and geopolitical tensions began to ease. Global tech stocks received a boost after TSMC reported impressive earnings, restoring confidence in the artificial intelligence market. On the geopolitical front, U.S. President Donald Trump indicated there were no immediate plans for military action against Iran and expressed optimism about potentially reaching an agreement with Greenland. Investors are now looking to evaluate the final December inflation data out of Germany and Italy, with no major corporate earnings announcements on the horizon. In premarket trading, futures for the Euro Stoxx 50 were down by 0.4%, and Stoxx 600 futures decreased by 0.3%.

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