STXE 600 PR.EUR (^STOXX)
- Yahoo Finance UK
FTSE 100 closes high and Wall Street falls as US growth slows
The FTSE 100 outperformed against its European and US peers on Thursday, hitting a new high for the third session in a row.
- Barrons.com
European 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 UK
Stocks in the red as investors pare bets on rate cuts
The FTSE fell as investors await key US inflation data released on Wednesday.
