Similar Stories to Europe Markets: European Stocks Slump As Yellen’s Rate Hike Message Sinks In on Bing News

European stocks kick off the week in negative territory, with rising expectations the U.S. Federal Reserve will raise interest rates later this year punching the air out of the recent rally.

BING NEWS:
  • Stocks jump after Fed, US data; yen strengthens
    Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan.
    05/2/2024 - 12:00 pm | View Link
  • European Midday Briefing: Stocks Steady as Powell Suggests Rate Hike Unlikely
    European shares fluctuated between minor gains and losses ... Jerome Powell said he thought it "unlikely that the next policy rate move will be a hike." Markets are now pricing in a 91.1% probability ...
    05/1/2024 - 10:03 pm | View Link
  • Europe is beating inflation. Why can’t America declare victory?
    The European Central Bank (ECB ... Fed Governor Michelle Bowman said earlier this month that she would favor a rate hike “should progress on inflation stall or even reverse.” ...
    04/26/2024 - 4:11 am | View Link
  • European Stocks Slump as Earnings Upsets Outweigh Mega M&A Boost
    European stocks slipped on Thursday as a big-ticket deal in the mining industry was offset by a slate of glum reports on the busiest earnings day this season.
    04/24/2024 - 8:11 pm | View Link
  • Europe must unify capital markets
    At the European summit in Brussels on April 18, German Chancellor Olaf Scholz and French President Emmanuel Macron fought to give impetus to the capital markets union and championed the idea of ...
    04/20/2024 - 1:24 am | View Link
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