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11.12.202506:02:54UTC+00European Markets Set for Lower Open

European stocks were set to open slightly lower on Thursday, despite a rate cut by the US Federal Reserve paired with a less aggressive stance than investors had anticipated. Technology sectors face potential setbacks as Oracle's quarterly results have rekindled concerns over the profitability of investments in artificial intelligence. In Europe, it is anticipated that the Swiss National Bank will hold its policy rate steady at 0%. The focus is now shifting to next week's European Central Bank meeting, where consensus suggests that policymakers will maintain rates at 2%, projecting this position through 2026, as inflation and growth trends remain in line with forecasts. In premarket activity, futures for both the Euro Stoxx 50 and Stoxx 600 were slightly down by approximately 0.1%.

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