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STXE 600 PR.EUR (^STOXX)
| Previous close | 498.52 |
| Open | 499.07 |
| Volume |
| Day's range | 497.14 - 500.36 |
| 52-week range | 428.84 - 515.77 |
| Avg. volume | 239,402,493 |
Barrons.comEuropean Stocks Drop After Above-Forecast U.S. Inflation Data
European shares turn significantly lower after above-forecast U.S. inflation data question the prospect of the Federal Reserve cutting interest rates in June and raises broader concerns that inflation could be slow to come down. Annual U.S. headline CPI rose to 3.5% in March from 3.2% in February, above forecasts for 3.4% in a WSJ poll of economists. "Given the hawkish readings across the board for the third month in a row the likelihood of a June Fed rate cut is going to be brought into question," writes Jack Amy, portfolio analyst at European digital wealth manager Moneyfarm.
Yahoo Finance UKStocks in the red as investors pare bets on rate cuts
The FTSE fell as investors await key US inflation data released on Wednesday.
Yahoo Finance UKEuropean stocks lower and US in the green following upbeat jobs report
US jobs numbers beat economists expectations for March, while the unemployment rate ticked back down to 3.8%.
