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US equities were mixed overnight with the Dow Jones closing 0.1% lower, marking its third straight negative day, while the S&P500 and the Nasdaq closed slightly up 0.1% and 0.2% respectively. The Dow Jones was lower after Intel declined more than 8% off the back of the company posting operating losses in its semiconductor manufacturing business. And AI company Nvidia was in the red despite trading higher for most of the session on Wednesday, restricting gains for the market. Higher rates also weighed down on the market with data out yesterday showing private payrolls grew more than expected in March.
European markets were higher after euro zone inflation fell more than expected. The STOXX 600 closed 0.3% higher with most sectors in positive territory.
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