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BEFORE THE BELL: EUROPEAN FUTURES DIP
European shares were set to open lower on Tuesday, with U.S. equity futures pointing to a weaker start, as Wall Street reopens after a long holiday weekend. Geopolitics moved back into focus ahead of nuclear talks between the United States and Iran in Geneva later in the day.
Euro STOXX 50 .STOXX50E futures fell about 0.6%, while FTSE .FTSE contracts were broadly steady, helped by a drop in the pound after data showed UK wage growth slowed more than expected in December - potentially strengthening the case for further Bank of England rate cuts.
The earnings season, meanwhile, carried on. Among the early highlights:
Antofagasta's 2025 core profit climbs 52% on soaring copper prices
Spain's Enagas expects lower 2026 profit after asset-sale boost in 2025
Holiday Inn-owner IHG's fourth-quarter room revenue beats estimates
Activist Elliott builds over 10% stake in Norwegian Cruise Line, WSJ reports
(Danilo Masoni)
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