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European stocks close lower as interest rate outlook weighs on sentiment; Ocado up 6% - TL;DR CNBC

European stocks close lower as interest rate outlook weighs on sentiment; Ocado up 6%

Publishing timestamp: 2024-05-24 11:46:05


Summary

European markets closed lower on Friday due to U.S. interest rate outlook. Turkish economy shows signs of improvement. OPEC+ to meet virtually on June 2. Nvidia and Coinbase see positive movements. Traders lower expectations for Federal Reserve interest rate cuts. Investors shift focus to geopolitical concerns.


Sentiment: MIXED

Tickers: .STOXXHOOD.FTSENG.-GBETH.CM=GXI-DECOINANA-ESNVDAOCDO-GBQQ.-GB

Keywords: gerresheimer agqinetiq group plcftse 100united statesearningspricesnvidia corpeconomic eventsacciona saocado group plcgovernment and politicsstoxx 600national grid plcbusiness newsbreaking news: europevoting

Source: https://www.cnbc.com/2024/05/24/european-markets-open-to-close-ftse-100-dax-cac-40.html


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