European stock markets are expected to have a mixed opening as investors focus on economic data and the performance of the technology sector.

European stock markets are expected to have a mixed opening as investors focus on economic data and the performance of the technology sector.
European stock markets are expected to have a mixed opening as investors focus on economic data and the performance of the technology sector.

European markets were set for a mixed start on Thursday as investors evaluated economic data from across the region and evaluated the tech sector following Wednesday's Nvidia earnings announcement.

The U.K.'s stock market was last set to increase by approximately 16 points, bringing it to 8,355. Germany's stock market was expected to remain flat at 18,790 points. France's stock market was on track to decrease by 9 points, bringing it to 7,577. Italy's stock market was predicted to increase by 13 points, bringing it to 33,999.

The pan-European Stoxx 600 had closed higher on Wednesday.

In Europe, preliminary inflation figures for August will be released by Spain and Germany, while Euro area economic sentiment insights will also be made available.

Nvidia's latest quarterly results exceeded expectations and provided stronger-than-expected guidance for the current quarter, but traders had hoped for an even stronger beat in the tech sector.

Nvidia's extended trading shares dropped after the earnings release. Investors will monitor any potential impact on the tech, AI, and chips sectors.

The tech sector caused some regional indexes in Asia-Pacific markets to decline on Thursday, while U.S. futures were last mixed after a losing session on Wednesday.

by Sophie Kiderlin

Markets