European stocks may open higher on Thursday as investors cheer a retreat in global bond yields and upbeat earnings from artificial intelligence (AI) chip maker Nvidia. <\/p>\n
Nidia shares jumped 9 percent post the U.S. closing bell after the world’s most valuable chipmaker beat estimates for its fiscal second quarter and issued optimistic guidance for the current period.<\/p>\n
In economic releases, France’s statistical office INSEE releases monthly business<\/span> confidence survey data later in the day. The business sentiment index is forecast to fall to 99 in August from 100 in July.<\/p>\n Across the Atlantic, reports on durable goods orders and initial jobless claims may attract attention in the New York session. <\/p>\n Asian markets<\/span> followed Wall Street higher, and gold held near two-week highs while the dollar weakened ahead of the Jackson Hole Economic Symposium.<\/p>\n Federal Reserve Chair Jerome Powell will speak at the summit on Friday morning amid so much uncertainty over the U.S. economic outlook.<\/p>\n Central bankers from the European Central Bank, the Bank of England and the Bank of Japan are also expected to speak at the conference.<\/p>\n Oil traded flat after settling lower overnight on fuel demand concerns.<\/p>\n