European stocks closed sharply lower on Tuesday, weighed down by rising Treasury yields, surging oil prices, and worries about global economic recovery following data showing a slow pace of growth in China's industrial profits.Political uncertainty in Germany after split verdict in the recent election weighed.Traders also reacted to Goldman Sachs lowering China's growth forecast for 2021, saying t...
For comments and feedback contact: editorial@rttnews.com
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.