Dec 6 – European stocks fell on Tuesday, dragged down by stocks in the banking and energy sectors, as upbeat data on service sector activity in the US raised concerns that the Federal Reserve may sustain its aggressive interest rate hikes for further weather.
Indicator Stokes The 600 fell 0.1%, extending losses for the third straight session.
The index posted seven consecutive weekly gains, on hopes that signs of slowing inflation will allow the Federal Reserve to slow the pace of its sharp interest rate increases.
However, data published on Monday showed an unexpected pickup in activity in the services sector United States of America in November, which, along with last week’s strong employment data, provided further evidence of the country’s economic resilience and fading confidence.
Shares in the energy sector fell 0.7%, while banking shares lost 0.6%. However, the losses were offset by gains in consumer staples such as Nestlé and Unilever plc.
Among the individual values, Aeroports de Paris (ADP) He said that the Royal Schiphol Group sold its remaining stake in the French Airports Company. Actions ADP They fell by 13.3%.
“Beeraholic. Friend of animals everywhere. Evil web scholar. Zombie maven.”