European stock markets opened lower on December 1, driven by a global risk-off sentiment. The Euro Stoxx 50, DAX, CAC 40, and FTSE MIB indices each fell between 0.2% and 0.5%. Contributing factors included a tech-led selloff in US futures, a stronger yen following the Bank of Japan's hawkish stance, and declining cryptocurrency prices. Investors are now turning their attention to upcoming macroeconomic data and central bank guidance as year-end meetings approach.
European Markets Decline as Risk-Off Sentiment Prevails
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