Assessing Interest Rate Decisions: European Markets in Negative Territory

1 min read
Source: CNBC
Assessing Interest Rate Decisions: European Markets in Negative Territory
Photo: CNBC
TL;DR

European markets opened in negative territory as investors assessed recent interest rate decisions by central banks. The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in the red. Mining stocks led losses with a 1.9% drop, followed by travel and leisure, which fell 1.4%. Meanwhile, U.S. stock futures edged higher, but stocks stateside have struggled this month due to the Federal Reserve signaling higher interest rates. In Asia-Pacific, markets were mixed as investors awaited inflation data from the region.

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