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European Stocks Cap Four Days of Losses as Focus Shifts to Fed


Published on 2024-12-18 14:21:09 - bnnbloomberg
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  • European stocks held steady after sliding for four straight days as investors awaited the Federal Reserve's interest-rate decision for clues on the path of monetary policy next year.

European stocks ended a four-day losing streak on December 18, 2024, as investors shifted their focus to the upcoming Federal Reserve meeting. The Stoxx Europe 600 Index saw a slight increase, with sectors like technology and real estate leading the gains. This uptick came after a period of declines driven by concerns over inflation and potential interest rate hikes. Investors are now keenly awaiting the Federal Reserve's latest policy decisions and economic projections, which could provide insights into future rate movements. Additionally, market sentiment was influenced by mixed economic data from the eurozone, with some countries showing signs of recovery while others continued to grapple with economic challenges.

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