As investors become increasingly worried plus the colossal investments announced in artificial intelligence (IA) by the tech giants in the United States, the European stock exchanges are Expected to fall back on Wednesday.

Investors will unpack this Wednesday two important indicators for France, namely industrial production in September and the final PMI services index in October.

Teleperformance Call Center Manager (TP) will publish its third-quarter sales on Wednesday after the closing of the Paris Stock Exchange.

The diversified Bouygues group published Wednesday results slightly higher than analysts' expectations for first nine months of 2025 and confirmed its operating income target Current activities (ROCA) for this year, but reduced its ambition in terms of annual turnover growth.

Around 7:40am, the CAC 40 futures contract lost 0.3%, according to data from IG broker.

While the S&P 500 and Nasdaq Composite have recorded their biggest drop in several weeks on Tuesday, the European equity market futures suggest a Openness is down in Europe. Around 7:40 a.m., the DAX 40 futures contract at Frankfurt fell by 0.4%, while the one on the FTSE 100 in London lost 0.1%, according to data from the broker IG.

On the American business side, McDonald's will release its latest quarterly results before Wall Street opens. The Qualcomm and Robinhood groups will do it after the close.

On the side of European companies, BMW and Novo Nordisk announced their latest quarterly results on Wednesday.
The main stock market indices remain close to their historical records. But in the last few days, investors seem to be worried about the fact that Meta, Alphabet, Microsoft, and Amazon all intend to spend more more for AI development next year. According to Jason Pride, responsible for investment strategy and research at Glenmede, “It's a very daring bet and I think the market is starting to consider it as such.”

"Until investors can confirm that the extent of the expenses is justified by future income, we We are likely to see a high level of volatility in these stocks.”

In addition, the Trump administration will present This Wednesday before the Supreme Court on the customs tariff file. La Supreme Court decision as to whether or not certain tariffs are legal However, customs officials put in place by the American president will only be known in several weeks or even several months.

The S&P 500 and the Nasdaq suffered their sharpest drop in over three weeks after profit-taking on the riskiest technology stocks and assets. The session has was also marked by a fall in the prices of gold, oil and Bitcoin, while investors are worried about the prolonged closure of federal administrations in the United States. The Dow Jones Index closed in fell by 0.5%, to 47,085.24 points, and the S&P 500 lost 1.2%, to 6,771.55 dots. The Nasdaq Composite, rich in technology stocks, fell by 2%, to 23,348,64 points.

In Asia, the Nikkei fell by 2.3% on Wednesday at the end of trading on the stock exchange of Tokyo. At the same time, the Shanghai Composite Index gained 0.4%, while The Hang Seng on the Hong Kong Stock Exchange fell by 0.2%.

Investors are reevaluating their expectations of the Fed, while US President Donald Trump urged senators Republicans to end the rule of parliamentary filibuster and to reopen the government while negotiations continue to put End of the “shutdown”. The CME FedWatch tool assesses 70% of the probability of a fall in the Federal Reserve's key rate in December, compared to 67% previously. Among other potential sources of turbulence on The markets, the Department of the Treasury must present the composition of the debt public to be broadcast, while the Supreme Court must hear arguments on the legality of Donald Trump's widespread tariffs.
Deutsche Bank strategy expert Steven Zeng, “If these rates Customs officials are deemed illegal, the Treasury could be faced with the task Dreadful to raise funds to reimburse the customs tariffs collected all by financing a larger deficit in the medium term.”

Around 7:40 a.m., the Treasury bond rate American at ten years lost 1 basis point (0.01 percentage point), to 4.08%. The two-year bond yield also lost 1 basis point, to 3.57%.

The greenback was stable against the currency Japanese, at 153.73 yen. The euro gained 0.1%, to 1.1490 dollars, around 7:40am.

Oil demand generally weakens in first quarter, which is why the market should show an offer considerable surplus as early as the beginning of 2026, according to Carsten Fritsch of Commerzbank Research. For the commodity analyst, without the shortages linked to international sanctions, the oil market should be in oversupply situation next year. In addition, the signals regarding oil demand currently seem mixed, added Carsten Fritsch.

Around 7:40, the contract of January on North Sea Brent traded in London rose 0.2% to 64.57 dollars per barrel. The December soft light crude (WTI) contract listed at Nymex also gained 0.2% to $60.70