European markets closed lower Monday as investors monitored economic and geopolitical uncertainty.
The pan-European Stoxx 600 index closed 0.1% lower, with sectors and major bourses mixed. Mining stocks dropped 1%, while retail and travel stocks rode a late-session boost to finish 1.3% and 1.4% higher, respectively.
It comes as market participants look ahead to a busy week for earnings and the European Central Bank’s latest monetary policy decision.
EUROPEAN MARKETS
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| .FTSE | FTSE 100 | 7373.45 | -1.38 | -0.02 |
| .GDAXI | DAX | 14832.24 | 31.52 | 0.21 |
| .FCHI | CAC 40 Index | 6888.47 | 38 | 0.55 |
| .FTMIB | FTSE MIB | 27605.44 | 46.66 | 0.17 |
| .IBEX | IBEX 35 Idx | 8990.2 | -5.3 | -0.06 |
Asia-Pacific markets continued their sell-off ahead of a week of inflation readings from across the region and South Korea’s third-quarter gross domestic product numbers.
U.S. stocks ticked higher on Monday as traders looked ahead to the release of corporate earnings from tech industry behemoths, including Alphabet, Amazon, Meta and Microsoft.
Source: Consumer News Business Channel