economic data

European Equity Rally Pauses With Light Volumes on UK Holiday

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European stocks snapped a three-day streak of gains on Monday amid light volumes with the UK market closed for a national holiday.  The Stoxx 600 Index was little changed at the close in London. Markets rose broadly last week as Federal Reserve Chair Jerome Powell said the time had come for the central bank to … Read more

European Stocks Slip as Fed Rate Cuts Doubts Weigh on Sentiment

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European stocks slipped on Friday, as doubts grew over the Federal Reserve’s ability to cut US interest rates in the face of strong economic data. The Stoxx 600 Index closed 0.2% lower, snapping a two-week run of gains, on expectations the Fed will not cut rates before December. However, it pared an earlier sharp drop … Read more