European stocks close lower after ECB holds rates steady; Aviva down 6%
Publishing timestamp: 2024-04-11 11:45:09
Summary
European markets closed lower as investors reacted to the ECB's rate decision. U.S. stocks were mixed after higher than expected inflation data. ECB is expected to hold rates but hint at a potential cut in June. UBS shares fell after Swiss government proposed tighter regulations. Darktrace reported strong revenue growth. Societe Generale agreed to sell its equipment financing businesses. Former Bank of England member predicts Fed will cut rates before ECB. Citi identifies digital advertising company as high-risk, high-reward investment opportunity. European markets are set to open mixed.
Sentiment: MIXED
Tickers: UBSG-CH, A3M-ES, .STOXX, DARK-GB, UBS, AZN-GB, AV.-GB, .FTMIB, .FCHI, .GDAXI, .FTSE,
Keywords: ftse 100, darktrace plc, business news, united states, ubs group ag, dax, prices, breaking news: europe, ftse mib, stoxx 600, cac 40 index,