The mixed open anticipated for European stocks today comes after the region's markets closed the month of July higher on Friday, and logged their best month since November 2020.
Investors digested a fresh swathe of corporate earnings and key economic data out of the euro zone last week,in the second quarter, despite the escalating gas crisis and record-high inflation. The 19-member bloc posted a 0.7% rise in gross domestic product, exceeding expectations for growth of 0.2% and contrasting sharply with the negative annualized readings out of the United States in the first and second quarter.
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