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European Indices Retreat as Uncertainty Over US Rate Cuts Grows
European equities ended lower as uncertainty surrounding potential US interest-rate cuts reduced risk appetite across major sectors. Despite the pullback, the region’s primary benchmark index remains positioned for its strongest weekly gain since late September, supported by earlier broad-based buying. Banking and industrial stocks weighed on performance, while select luxury names retained relative resilience.
Traders monitored US economic data and Federal Reserve commentary closely, noting that shifting expectations around monetary easing could determine whether European markets maintain broader upside momentum.
Pulse• By Pooja Kumari
Explore:Mutual Fund Categories
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European Indices Retreat as Uncertainty Over US Rate Cuts Grows
European equities ended lower as uncertainty surrounding potential US interest-rate cuts reduced risk appetite across major sectors. Despite the pullback, the region’s primary benchmark index remains positioned for its strongest weekly gain since late September, supported by earlier broad-based buying. Banking and industrial stocks weighed on performance, while select luxury names retained relative resilience.
Traders monitored US economic data and Federal Reserve commentary closely, noting that shifting expectations around monetary easing could determine whether European markets maintain broader upside momentum.
Pulse• By Pooja Kumari
Explore:Mutual Fund Categories
1 min read
79 words
European indices closed lower as doubts over US rate cuts pressured sentiment, although the region’s main benchmark is still set for its best week since late September.
European equities ended lower as uncertainty surrounding potential US interest-rate cuts reduced risk appetite across major sectors. Despite the pullback, the region’s primary benchmark index remains positioned for its strongest weekly gain since late September, supported by earlier broad-based buying. Banking and industrial stocks weighed on performance, while select luxury names retained relative resilience.
Traders monitored US economic data and Federal Reserve commentary closely, noting that shifting expectations around monetary easing could determine whether European markets maintain broader upside momentum.
European equities ended lower as uncertainty surrounding potential US interest-rate cuts reduced risk appetite across major sectors. Despite the pullback, the region’s primary benchmark index remains positioned for its strongest weekly gain since late September, supported by earlier broad-based buying. Banking and industrial stocks weighed on performance, while select luxury names retained relative resilience.
Traders monitored US economic data and Federal Reserve commentary closely, noting that shifting expectations around monetary easing could determine whether European markets maintain broader upside momentum.
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