News Formal

European stocks move lower as investors digest fresh inflation data

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 72%

World Economy News

World Markets,London,Prices

European stocks moved lower Friday afternoon as investors digest key inflation data from the euro zone.

Investors are also looking ahead to the release of May's core personal consumption expenditures price index.

LONDON — European stocks moved lower Friday afternoon, as investors digested key inflation data from the euro zone and looked ahead to price data stateside.was down 0.12% by 1:55 p.m. London time, with the majority of sectors and major bourses trading in the green. Oil and gas stocks rose 0.85%, while household goods dipped 0.84%.

French inflation slowed slightly in June, providing an economic boost for President Emmanuel Macron two days before the first stage of parliamentary elections on Sunday. The Insee statistics agencyThe U.K. economy grew by 0.7% in the first three months of the year, more than initially estimated, revised figures from the Office for National Statistics showed.were mixed ahead of the release of May's core personal consumption expenditures price index, the U.S.

This 28-year-old fund consistently beats the S&P 500 — without megacap tech stocks. Here's its strategy This sector has been growing at 20% per annum in the past 20 years Jefferies says naming 7 stocks to buy now

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks lose steam after European Central Bank cutEuropean stocks moved lower on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
Source: CNBC - 🏆 12. / 72 Read more »