European stocks retreat; caution ahead of ECB meeting

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European stocks retreat; caution ahead of ECB meeting

Investing.com - European stock markets slipped lower Tuesday, amid caution ahead of the European Central Bank’s latest policy meeting later in the week.European equities rose for the third straight session on Monday, but a degree of nervousness has since set in ahead of Thursday’s

Consumer prices in the 20 countries that share the euro rose by 2.6% year on year in May, according to data released on Friday, inching away from the ECB's 2% target after increases of 2.4% in the previous two months.) stock rose 0.1%, stabilizing after dropping over 9% on Monday after a U.S. judge allowed thousands of lawsuits alleging its discontinued heartburn drug Zantac caused cancer, to proceed, in a blow for the British drugmaker.

 

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