European stocks slip after disappointing Eurozone manufacturing PMI data By Investing.com

These disappointing numbers come after the Eurozone economy unexpectedly grew in the final quarter of 2022, and suggest theThere also remains a degree of caution within the markets as Russian President Vladimir Putin makes a speech as his invasion of Ukraine enters a second year.

In the corporate sector, HSBC stock fell 1.9% despite Europe’s largest bank reporting a sharp jump in its fourth-quarter profit earlier Tuesday. The lender also signaled the windfall from rising interest rates had peaked, while it had taken a $300 million loss on the expected sale of its Russian business.

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It's concerning to see European stocks fall across the region due to growing rate hike fears. Let's hope for a swift recovery. EuropeanStocks RateHikeFears

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