Europe stocks close lower, snapping eight-session streak

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Investors gear up for the latest US inflation report and ECB rate decision

Traders work on the floor of the New York Stock Exchange. Wall Street’s main indexes were little changed in choppy trading on Tuesday, as investor focus remained on a key inflation report due later this week. Photograph: Angela Weiss/AFP

Also top of mind for investors in emerging markets was Brazilian president Luiz Inacio Lula da Silva undergoing surgery in Sao Paulo to drain a bleed on his brain linked to a fall at home in October, according to a medical note published by the government.Can I work for my foreign employer from my home in Ireland?

The blue-chip FTSE 100 fell 0.9 per cent, its worst day since Nov. 12, while the midcap FTSE 250 was down 0.4 per cent in its worst session for two weeks. Ashtead joins a growing list of companies moving away from European listings in favour of US markets, where valuations are generally higher.European stock markets closed lower on Tuesday, with the pan-European Stoxx 600 down 0.5 per cent. The index has nonetheless gained 1.63 per cent in December so far, according to LSEG data.

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