Investing.com - European stock markets slipped lower Tuesday, as the positive momentum at the start of the week stalled amid concerns of U.S. interest rates staying higher for longer than expected.Trading ranges have been limited so far this week as investors waited for the release of the minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year in the world’s largest economy.
The company plans to launch 20 new medicines before that time, it said in a release on its investor day.) stock rose 0.5% after the French drugmaker announced it is collaborating with artificial intelligence company OpenAI and Formation Bio to boost its drug development projects through the use of Artificial Intelligence.) stock fell 3% despite the Italian insurer reporting better-than-expected results for the first quarter, driven by growth across all of its segments.
Political uncertainty in Iran, following the death of Iranian President Ebrahim Raisi, as well as concerns over the Saudi King’s health have also presented some risk for the crude markets.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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