European stocks tumbled on Monday to hit one-month lows due to worries surrounding China's Covid resurgence, runaway inflation and the expected response by global central banks. In economic releases, data showed earlier in the day that business confidence in Germany stabilized at a low level in April. The Ifo business-climate index rose to 91.8 points from 90.8 points in March.The pan-European STO...
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Business News
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.