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European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

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