European stocks close lower as focus turns to Fed, U.S. inflation; UK wage growth holds
Publishing timestamp: 2024-06-11 11:58:38
Summary
European stocks fell as investors awaited the Federal Reserve's next meeting and U.S. inflation data. British computing startup Raspberry Pi surged on its market debut, while French IT company Atos fell after announcing a rescue deal. U.K. employment data showed mixed results, with concerns about wage inflation impacting Bank of England's rate decisions. Market attention is now on the U.S. Federal Reserve's rate decision and inflation data.
Sentiment: NEUTRAL
Tickers: .FTMIB, .STOXX, .GDAXI, .FCHI, .FTSE,
Keywords: emmanuel macron, stoxx 600, cac 40 index, ftse 100, united states, ftse mib, economic events, dax, business news, world economy, germany, london, world markets, prices,
Source: https://www.cnbc.com/2024/06/11/european-markets-stocks-news-data-and-earnings.html