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European markets close lower as new trading quarter gets off to rocky start - TL;DR CNBC

European markets close lower as new trading quarter gets off to rocky start

Publishing timestamp: 2024-04-02 12:06:48


Summary

European stocks shifted lower as major markets returned after Easter weekend. U.S. stocks were also lower. Surging oil prices pushed commodity index to highest level since 2022. Euro zone inflation data suggests ECB may start cutting interest rates in June. Euro zone manufacturing activity contracted in March. U.K. house prices increased in March. Market strategist sees promise in small mid cap stocks. European markets set to open mixed.


Sentiment: NEUTRAL

Tickers: .GDAXI.FTSE.IXIC.SPX.FCHI.DJI.FTMIB.STOXX

Keywords: marketsbreaking news: marketsstock marketsbusiness news

Source: https://www.cnbc.com/2024/04/02/european-markets-live-updates-stocks-news-data-and-earnings.html


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