European markets close lower as travel and leisure stocks lead losses; Ocado up almost 10%
Publishing timestamp: 2024-05-28 11:40:05
Summary
European markets closed lower as investors await inflation data, with Stoxx 600 falling 0.6%. ECB policymakers hint at possible rate cut in June. Nasdaq Composite hits new record. Oil prices rise ahead of OPEC+ meeting. Federal Reserve's Kashkari says significant progress on inflation needed before rate cut. Semiconductor industry set for changes, with Citi naming stocks to watch.
Sentiment: NEUTRAL
Tickers: OCDO-GB, .IXIC, .DJI, SMCI, .STOXX, .SPX, @CL.1, @LCO.1, HEL.N-CH,
Keywords: stoxx 600, markets, business news, stock markets, breaking news: markets, s&p 500 index, ocado group plc,
Source: https://www.cnbc.com/2024/05/28/european-markets-open-to-close-ftse-100-dax-cac-40.html