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.

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European Stocks Slip Amid Earnings Flood, Fed Rate SignalsEuropean stocks posted modest losses on Thursday, pressured by drops across retail and technology and the prospect of higher-for-longer US interest rates. Drugmaker Novo Nordisk A/S slid after sales of its weight-loss drug underwhelmed.
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European Stocks Slip as Hot US Wage Inflation Fuels Hawkish BetsEuropean stocks dropped after US wage inflation accelerated, adding to the view that price pressures remain too high and increasing the odds that the Federal Reserve will be in no rush to reduce interest rates.
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Stock market today: US futures slip amid earnings rush, Fed teetersWhile techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
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