European stocks were subdued in cautious trade on Monday amid surging ovid-19 infections around the world and an increasingly uncertain interest rate outlook.
The overall number of coronavirus cases is fast approaching 307 million with the spread of the Omicron variant of the virus across the globe.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.