European stocks ended notably lower on Monday as worries about surging cases of the Omicron variant of the coronavirus, and increasing uncertainty about interest rate hikes dampened sentiment and triggered heavy selling at several counters.
According to reports, 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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Market Analysis
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.